The year on year (y-o-y) inflation in October 2023 was 2.90 Percent - BPS-Statistics Indonesia Empat Lawang Regency

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In October 2024, the Household Consumption Index (IKRT) for South Sumatra Province decreased by 0.24 percent, namely from 122.77 to 122.48.

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 year on year (y-o-y) inflation in October 2023 was 2.90 Percent

Release Date : November 1, 2023
File Size : 2.71 MB

Abstract

  • The year-on-year (y-on-y) inflation rate in October 2023 was 2.90 percent, with a Consumer Price Index (CPI) of 115.69. The y-on-y inflation rate of Palembang was 2.94 with CPI of 115.72. The Lubuk Linggau’s y-on-y inflation rate was 2.53 percent with CPI of 115.30.
  • Inflation occurred as the prices went up, as indicated by the increase in almost all expenditure groups indices, namely: Food, Beverages, and Tobacco Group of 6.45 percent; Personal Care and Other Services Group of 3.88 percent; Education Group of 2.86 percent; Housing, Water, Electricity, and Household Fuel Group of 1.83 percent; Clothing and Footwear Group of 1.61 percent; Food and Beverage Serving Services/Restaurant Group of 1.52 percent; Health Group of 1.21 percent; Recreation, Sport, and Culture Group of 0.58 percent; Furnishings, Household Equipment, and Routine Household Maintenance Group of 0.38 percent. However, Transport Group’s index decreased by 0.18 percent.
  • The month-to-month (m-to-m) inflation rate in October 2023 was 0.50 percent, and the year-to-date (y-to-d) inflation in October 2023 was 2.47 percent.
  • The y-on-y inflation rate of the core component in October 2023 was 1.58 percent, the m-to-m inflation rate was 0.11 percent, and the y-to-d inflation rate was 1.36 percent.
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