Inflation in June 2018 in controlled Sumatra



[ad_1]

MEDAN, KabarMedan.com | Inflation north of Sumatra is controlled despite seasonal factors. The consumer price index (CPI) of North Sumatra in June 2018 reached 0.04% (mtm), lower than the national inflation of 0.59% (mtm) and significantly lower than the historical average of Lebaran in the last 3 years. With these developments, up to the reporting period, the year-on-year inflation was set at -0.27% (in ytd) and 3.36% (year-on-year). ), remained in the inflation target range of the Bank of Indonesia. % + 1% (yoy).

"The CPI survey throughout the city of North Sumatra was influenced by inflation. Spatially, the entire city surveyed the cost of living (SBH) North Sumatra has experienced inflation with Medan City as the city with the lowest inflation not only at North Sumatra level also the national level of 0.01% (mtm). this time, the city Pematangsiantar inflation 0.1% (mtm), Sibolga 0.29% (mtm) and Padangsidempuan (0.38%, mtm) ", said Hilman Tisnawan, director of the representative office of Bank Indonesia North Sumatra, Tuesday (3/7 /2018).

Isa said, the increase in transport prices greatly contributes to Eid inflation. About, the highest inflation occurred in administered prices with major products, including air transport with 0.24% (mtm), intercity transport with 0.04% (mtm) and the city with a share of 0.02%% (mtm), in line with the increase in demand due to the annual tradition of returning home

Inflation in the food category volatiles is relatively low. Due to increasing demand before Eid, the abundance of food supplies, especially for horticultural products, inflationary drivers of red pepper and red onion, results in lower prices that keeps inflation at -0.45% (mtm). ] "On the basis of price monitoring by PIHPS, the price of red pepper on the traditional North Sumatra market in June fell to Rp 21,700 compared to the previous month 28,800 Rp. Meanwhile, the price of red pepper on the traditional market of North Sumatra in the onion dropped slightly from Rp 36,300 to Rp 35,300. "

Underlying inflation stabilized in a context of rising demand. The clothing group's inflation comes mainly from women's clothing with a contribution of 0.02% (mtm), while the price decrease in the group of the board is estimated because of the rise in group prices clothing. Lack of development during Lebaran and long vacations, "he said.

The Regional Inflation Control Team (TPID) plays a role in controlling inflation. This low inflation can not be dissociated from the coordination and synergy of the regional government, the Indonesian Bank and related agencies through the Regional Inflation Control Team (TPID), province and government. District / City

Strategic food stocks as well as market and low-cost markets are intensively led by TPID before HELP, "he said.

For the future, price pressures could increase. With the end of the harvest period, price pressure in the volatile food category is expected to increase. At the same time, the price increase should also come from the administered price group in accordance with the promulgation of the Pertamax CS fuel price increase for July 2018.

"The decline in post-Eid demand is expected to inflationary inflation higher limit of goal, "he concluded. [KM-03]

[ad_2]
Source link