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Food: The Main Factor in The Increasing Inflation by the Early of 2024

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Food: The Main Factor in The Increasing Inflation by the Early of 2024

InfoSAWIT, JAKARTA – Head in duty of Central Bureau of Statistic (CBS), Amalia Adininggar Widyasanti told in a press conference at CBS Headquarter in Jakarta that in the past three months, inflation got increased by the early of 2024. She told it in order to inform the progress of consumers price index or indeks harga konsumen (IHK) in March 2024, Monday (1/4/2024).

The 2024 March inflation happened in the same time in Ramadhan. It got increased to February 2024. She continued compared to the previous period (except 2022), the Ramadhan inflation this year was relatively higher that reached 0,52%.

In the contribution, food, drink, and tobaccor were the main contributors of March 2024 inflation in month-to-month (m-to-m) that reached 0,41%. Some commodities that contributed to the inflation were egg, hen meat, cayenne pepper, garlic, and onion. But some commodities successfully muffled the inflation, such as, red chili, tomato, and plane tariff.

Amalia continued the main contributor s in March 2024 inflation year on year derived from food, drink, and tobacco that reached 2,09%. “The commodities as the main factors in the inflation, were rice, hen meat, red chili, machine cigarettes, and eggs,” she said, as in the official statement to InfoSAWIT, Tuesday (2/4/2024).

The increasing inflation pressure namely from food group, raised challenges to get stable economy and people’s buying capability. In this context, it is significant to manage inflation to maintain the economic balance nationally. It needs to get strategic things to control inflation namely by noticing every influencing price factor and food commodity procurement. (T2)