Hello #datafriends!
Monday (12/08/2024), as a member of the OKU Regency Regional Inflation Control Team, OKU Regency BPS has a role in maintaining and improving inflation control in OKU Regency. One of the routine activities carried out by TPID is attending the inflation control coordination meeting held virtually by the Indonesian Ministry of Home Affairs which was broadcast in the Assistant Room II of the OKU Regional Secretariat. The meeting was attended by the Head of the Economic Division, Head of Service, Head of BUMD and Head of vertical OPD or representative. Resource persons for this meeting came from various agencies such as BPS RI, Presidential Staff Office, Ministry of Trade, Ministry of Agriculture, BULOG, Indonesian Prosecutor's Office. POLRI, etc. This meeting discussed the evaluation of commodity price developments that influence inflation.
Deflation in July 2024 is predominantly caused by general deflation in the volatile price component. The volatile component nationally experienced deflation of 1.92%, the components that dominantly contributed to the deflation of the volatile component were shallots, red chilies, tomatoes, purebred chicken meat, garlic and purebred chicken eggs. After quite high inflation in March 2024, volatile price components experienced consecutive deflation from April to July 2024. In July 2024, several commodities that experienced inflation included red chilies, rice and potatoes. On the 2nd Sunday of August on the island of Sumatra, the commodities contributing the largest contribution to the increase in IPH were cayenne pepper, rice and red chili. Based on the Price Development Index for the 2nd week of August 2024, the OKU Regency IPH experienced deflation of 1.36 percent. The commodities that contributed the most to changes in the IPH of OKU Regency were purebred chicken meat, shallots and purebred chicken eggs. Regional governments need to be alert to these commodities to avoid significant price increases.
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