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BPS recorded inflation of 0.59% in June.
REPUBLIKA.CO.ID, JAKARTA – Head of the Bureau of Tax Policy (BKF) Ministry of Finance, Suahasil Nazara, said the inflation rate in June 2018 which is the period of Ramadan and Idul Fitri, there including the lowest in recent years. The guard of inflation is important to achieve growth objectives.
"Maintaining steady inflation at a low level is important because the important component of GDP is consumption," said Suahasil at a meeting at the Senayan parliamentary complex, Jakarta, Monday (2/7) .
can be achieved if people's income rises and inflation is low. In this way, the purchasing power of people is not consumed by high inflation. "If GDP increases, say at 5.2%, then consumption will not grow to 5.0%," he said.
Therefore, Suahasil evaluate efforts to maintain significant inflation. Government policies such as subsidized fuel prices and subsidized electricity remain an effort to maintain inflation.
The Central Bureau of Statistics (BPS) recorded an inflation of 0.59% in June 2018. Thus, the inflation rate at Lebaran 2018 was the lowest compared to the same period since 2012. L & B Inflation during the Lebaran period in June 2018 was recorded at 0, 59% or less of July 2016 and June 2017 respectively of 0.69%
This position is also much better than the period of time. August 2012 from 0.95%, August 2013 to 1.12% and July 2014 and July 2015 respectively by 0.93%.
The increase in public transport fares during the Lebaran period triggered an inflation of 0.59% in June 2018. The contribution of transport fares resulted in inflation of 1.5% for the group of Transportation, Communications and Financial Services
"Since it is the Lebaran period and the holidays are long, demand is increasing," says Suhariyanto. The transport tariffs trigger inflation.
The increase in air cargo rates contributed to inflation of 0.15%. Subsequently, intercity freight rates contributed to 0.08% inflation and rail rates contributed to 0.01% inflation.
Another group contributing to inflation was inflation of 0.88% due to rising prices of some food products. like fresh fish, chicken meat and chicken meat.
An increase in the price of fresh fish contributed to inflation of 0.19%, followed by chicken meat with inflation of 0.03% and chicken meat, beef, beans, fart , vegetable tomatoes, onion and coconut with each respectively 0.01%
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