Indonesia records 0.07 percent inflation in October

Source: Xinhua| 2020-11-02 17:21:21|Editor: huaxia

JAKARTA, Nov. 2 (Xinhua) -- Indonesia recorded 0.07 percent inflation in October 2020, after three consecutive months of deflation, according to an official on Monday.

Head of the Central Agency of Statistics Suhariyanto said that the inflation occurred due to increasing prices of various commodities in October, namely foods, beverages and tobacco group, clothing and footwear groups, health groups, recreation groups, sports and culture, education groups and food and beverage supply groups.

Suhariyanto noted that the inflation during January-October 2020 was recorded at 0.95 percent, while the annual inflation was recorded at 1.44 percent year-on-year.

This inflation indicates an upward trend in commodity prices in Indonesia, Suhariyanto added.

Last July, Indonesia recorded deflation of 1.10 percent. The deflation in August and September was recorded at 0.05 percent each. Enditem