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Jakarta Annual Inflation Accelerated in November 2023 As Consumer Prices Heat Up Again

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Release Date	:	December 1, 2023
File Size	:	5.7 MB

Abstract

In November 2023, year on year (y-on-y) inflation in DKI Jakarta was recorded at 2.33 percent with a Consumer Price Index (CPI) of 114.10. Meanwhile, nationally, the highest inflation occurred in Tanjung Pandan at 5.89 percent with a CPI of 120.62 and the lowest occurred in Jayapura at 1.82 percent with a CPI of 112.99.

Y-on-y inflation occurred due to the prices increase as indicated by an increase in the price index for most expenditure category, namely: the food, beverages and tobacco category by 6.00 percent; housing, water, electricity and household fuels category at 1.16 percent; furniture, furnishings and household equipment, and operation category at 2.42 percent; health category at 1.82 percent; transport category at 1.06 percent; information, communication and financial services category at 0.18 percent; recreation, sports and culture category at 1.27 percent; education category at 1.69 percent; food and beverages/restaurant provision category at 1.84 percent; and the personal care and other services category at 3.06 percent. Meanwhile, the expenditure category that experienced a decline in the price index were: the clothing and footwear category by 1.64 percent.

The month to month (m-to-m) inflation rate in November 2023 was 0.30 percent and the year to date (y-to-d) inflation rate in November 2023 was 1.78 percent.

The energy component in November 2023 experienced deflation as the following: y-on-y deflation was 0.19 percent, m-to-m deflation was 0.50 percent, and y-to-d deflation was 0.31 percent. On the other hand, the foodstuff components experienced inflation, namely: y-on-y inflation of 6.72 percent, m-to-m inflation of1.39 percent, and y-to-d inflation of 5.02 percent.

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