After The Increase in Fuel Prices, Jakarta Inflation Spikes To New 8-year High

Prices of a number of goods and services in Jakarta were observed to creep up after the increase in fuel oil (BBM) prices. This caused the Consumer Price Index (CPI) to soar sharply. Therefore, inflation during September 2022 was recorded as the highest inflation in the last eight years. Jakarta experienced inflation of 1.21 percent, 1.32 percentage point higher than last month which experienced deflation of 0.11 percent. The main contributors to inflation this time were gasoline (0.772 percent), city transportation services (0.079 percent), filter kretek cigarettes (0.026 percent), and air freight services (0.025 percent). Meanwhile, commodity prices of foodstuffs and processed foods  also increased significantly and contributed  to high inflation this month.