Indonesia deflates in March 0.32%; prices still up 6.65% YOY

Indonesian inflation for month of March is -0.32% for the month 6.65% YOY. This is the first month of deflation for Indonesia in a long time and I suspect it is an anomaly.  Via Indostat:

The Consumer Price Index (CPI) in March 2011 was 126.05 or deflated 0.32 percent from February 2011 at 126.46. In March 2011, the changes of each expenditure group as follows: the foodstuff decreased from 150.14 to 147.22 or deflated 1.94 percent; the prepared food, beverages, cigarette and tobacco increased from 133.86 to 134.29 or inflated 0.32 percent; the housing, water, electricity, gas and fuel increased from 120.85 to 121.20 or inflated 0.29 percent; the clothing increased from 126.85 to 127.33 or inflated 0.38 percent; the health increased from 117.21 to 117.65 or inflated 0.38 percent; the education, recreation and sport increased from 118.51 to 118.71 or inflated 0.17 percent, and the transportation, communication and financial services increased from 106.59 to 106.68 or inflated 0.08 percent.


Popular posts from this blog

October retail sales come in strong, especially auto sales

Tea Party Buffalo Pictures

How to spot a fake Tea Partier