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In August 2024, 1.69 million people (37.66 percent) worked in formal activities, an increase of 0.63 percentage points compared to August 2023.

The economy of South Sumatra based on the size of Gross Regional Domestic Product (GRDP) at current prices for the third quarter of 2024 reached IDR 171.65 trillion and at constant prices in 2010 it reached IDR 97.41 trillion.

Implementation of Wholesale Trade Price Survey (SHPB) for February 2024

February 7, 2024 | BPS Activities

From February 1st to February 7th, 2024, the Central Bureau of Statisticss (Badan Pusat Statistik or BPS) of Empat Lawang Regency conducted the implementation of the Wholesale Trade Price Survey (SHPB) for February 2024. The SHPB enumeration is carried out routinely every month.

This survey aims to obtain reliable and timely wholesale price data, understand the changes in wholesale prices over time, and provide data for the compilation of the Wholesale Trade Price Index (IHPB) and its changes (inflation/deflation). The IHPB can depict the magnitude of price changes at the wholesale trade level of commodities traded in a region. Thus, the government can monitor price developments to maintain economic stability through the SHPB.

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