BI: Third Week Inflation in December 0.42 Percent

By : Herry Barus And Aldo Bella Putra | Saturday, December 23 2017 - 17:00 IWST

Gubernur Bank Indonesia Agus Martowardojo
Gubernur Bank Indonesia Agus Martowardojo

INDUSTRY.co.id - Bali - Bank Indonesia Governor Agus Martowardojo projected inflation rate until the third week of December 2017 to be in the range of 0.42 percent.

"This December the third week is in the range of 0.42 percent," said Agus when found in Bali, Saturday (23/12/2017)

Agus said the inflation rate in this period is still contributed by rising food prices such as chicken eggs and chili.

Although the inflation rate increases towards the end of the year, Agus believes the national inflation rate throughout 2017 is in the range of 3.0 to 3.5 percent.

"In a year still below 3.5 percent, in line with inflation we estimate 3.0 to 3.5 percent," he said.

Earlier, the Central Bureau of Statistics (BPS) recorded inflation rate in November 2017 of 0.20 percent, triggered by rising food prices such as red peppers, onions and rice.

Thus, the inflation rate for calendar year of January-November 2017 reached 2.87 percent and year-on-year inflation of 3.3 percent. The inflation rate in 2017 is still below the assumption set by the government in the 2017 APBNP of 4.3 percent.

Meanwhile, the inflation rate in December 2016 was recorded at 0.42 percent or the lowest since 2010 in the same period.

News Comment

Today's Industry

Major Version Update of its Advanced CAD/CAM Nesting Software

Selasa, 02 Juni 2020 - 17:45 WIB

Hypertherm Announces Release of ProNest 2021

Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, today announced the release of ProNest 2021, a major version update of its advanced CAD/CAM nesting software…

Synopsys Software

Senin, 01 Juni 2020 - 12:00 WIB

Drop The Knife and Back Away from The AppSec Budget

These days, the digital version of water purification is software security testing. Software powers the applications that interact with your internal assets and your customers’ personal and…

Cyber Criminal Who Tweeted a Personal Goal to Hack 5,000 Websites Globally

Jumat, 29 Mei 2020 - 14:00 WIB

The Hacktivist Who Defaced Websites In 40+ Countries

Check Point researchers identify cyber criminal who tweeted a personal goal to hack 5,000 websites globally, which he nearly accomplished by spreading anti-government messages to websites of…

FeedsFloor

Kamis, 28 Mei 2020 - 16:15 WIB

PATA and FeedsFloor Sign Organisational Partnership

The Pacific Asia Travel Association (PATA) is pleased to announce a new organisational partnership with FeedsFloor, a digital platform that enables clients to create and manage various event-related…

Veolia Water Technologies

Kamis, 28 Mei 2020 - 15:45 WIB

Veolia Water Technologies & Urban Utilities to Install Asia Pacific’s First Full-Scale Sidestream Mox Treatment Plant

Veolia Water Technologies and Urban Utilities are working to install Asia Pacific’s first full-scale sidestream ANITA Mox treatment plant this year. A first-of-its-kind in Australia, this…