Year on Year (yoy) Inflation of 2 CPI Cities in South Sumatra combined in June 2023 of 2.86 Percent

Release Date	:	July 3, 2023
File Size	:	4.45 MB

Abstract

In June 2023 there was year on year (yoy) inflation of 2.86 percent with a Consumer Price Index (CPI) of 114.40. Yoy inflation in Palembang City was 2.87 percent with a CPI of 114.40 and in Lubuk Linggau City it was 2.78 percent with a CPI of 114.39.
Inflation occurred due to price increases as indicated by increases in most of the expenditure group indices, namely: the transportation group by 11.68 percent; the education group by 3.97 percent; personal care and other services group of 3.34 percent; the group providing food and drink/restaurants by 2.93 percent; the clothing and footwear group by 2.73 percent; the recreation, sports and culture group by 2.67 percent; equipment, equipment and household routine maintenance group of 1.99 percent; the health group by 1.87 percent; the food, beverage and tobacco group by 1.76 percent; the housing, water, electricity and household fuel group by 0.35 percent; and the information, communication and financial services group by 0.12 percent.
The June 2023 month to month (mtm) inflation rate was 0.39 percent and the June 2023 year to date (ytd) inflation rate was 1.33 percent.
The June 2023 core component inflation rate on a yoy basis was 2.43 percent while mtm inflation was 0.04 percent and ytd inflation was 0.87 percent.

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