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June inflation 2.46 percent, year-on-year hits 11 percent JAKARTA - As was expected before, the inflation rate in Indonesia was higher in June than in the month of May 2008. The inflation reached 2.46 percent, where it only was 1.41 percent in May. The numbers were released by Ali Rosidi, a member of the State Statistics Agency BPS, at a meeting with the press.

Ali told that the inflation was higher than the previous months because of the rise in fuel prices late May. According to Ali the inflation occurred in almost all products and services. Additionally, all cities saw rising prices as well. Because of the size of the country, various regions have their own inflation rate.

The biggest inflation took place in Kendari, Central Sulawesi. Prices there rse 6.49 percent. The lowest inflation was in Bogor, which saw prices rise just 1.1 percent. The inflation over the first half of 2008 now already reached 7.37 percent, while the year-on-year inflation is slightly above 11 percent now.



Posted in Economy @ 02 July 2008 04:11 CET by Jeroen · 'Blog' RSS feed · permalink






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