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Intellasia East Asia News – Indonesia posts inflation of 0.10 pct in February, down from January

Indonesia posted an inflation of 0.10 percent in February, down from 0.26 percent in the previous month, the Central Agency of Statistics announced on Monday.

The agency’s head Suhariyanto said the inflation occurred due to the impact of the COVID-19 pandemic on the Indonesian and world economies.

“So we need to be aware as the pandemic reduces mobility, slows down the economy, affects incomes and weakens demands,” according to Suhariyanto.

The inflation was driven by price increases in most of the expenditure indexes, including foods, beverages, and tobacco group by 0.07 percent; the equipment, tools, and household routine maintenance group by 0.36 percent; the health group by 0.19 percent; the transportation group by 0.30 percent; and the food and beverage or restaurant supply group by 0.28 percent.

Meanwhile, the expenditure group that experienced a decrease in index were the information, communication and financial services group by 0.03 percent and the personal care and other services group by 0.14 percent.

http://www.xinhuanet.com/english/asiapacific/2021-03/01/c_139775526.htm

 

Category: Indonesia


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