The year-on-year (y-on-y) inflation in October 2023 was 2.56 percent. The highest inflation saw in Tanjung Pandan at 5.43 percent

Release Date	:	November 1, 2023
File Size	:	3.8 MB

Abstract

The year-on-year (y-on-y) inflation rate in October 2023 was 2.56 percent, with a Consumer Price Index (CPI) of 115.64. The highest inflation was seen in Tanjung Pandan at 5.43 percent with a CPI of 120.87, while the lowest was seen in Jayapura at 1.43 percent with a CPI of 112.88.
Inflation occurred as the prices went up, as indicated by the increase in all expenditure groups indices, namely: Food, Beverages, and Tobacco Group of 5.41 percent; Clothing and Footwear Group of 0.85 percent; Housing, Water, Electricity, and Household Fuel Group of 1.16 percent; Furnishings, Household Equipment, and Routine Household Maintenance Group of 1.89 percent; Health Group of 2.04 percent; Transport Group of 1.20 percent; Information, Communication, and Financial Services Group recorded a deflation of 0.11 percent; Recreation, Sport, and Culture Group of 1.50 percent; Education Group of 1.99 percent; Food and Beverage Serving Services/Restaurant Group of 2.21 percent; and Personal Care and Other Services Group of 3.67 percent.
The month-to-month (m-to-m) inflation rate in October 2023 was 0.17 percent, and the year-to-date (y-to-d) inflation in October 2023 was 1.80 percent.
For the Core Component, the y-on-y inflation rate in October 2023 was 1.91 percent, the m-to-m inflation rate was 0.08 percent, and the y-to-d inflation rate was 1.54 percent.

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