May Inflation Can be Higher than April`s : BPS

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

TEMPO.CO, Jakarta - Head of the Central Statistics Agency (BPS) Suhariyanto said inflation rate in May this year is likely to be higher than that in April 2017 that was recorded at 0.09 percent.


"It seems that inflation in May will be higher but it is not significant because the government has taken control of prices,” Suhariyanto said in Jakarta on Friday, May 26.


He added that inflation rate in May would be influenced by the fluctuation of prices of food commodities that rose in the first and second weeks in May but dropped in the third and the fourth week.


"In the third and the fourth week, it will drop again. Prices of several commodities such as garlic and meat have also dropped while the price of sugar is also in control,” he added.


Suhariyanto hopes that the declining trend of food commodities can be maintained until Ramadan and the Eid Day, so the inflation will not be high in June.


Previously, BPS reported that inflation in April 2017 was recorded at 0.09 percent due to the adjustment in electricity rate for 900VA non-subsidized households during the month.


ANTARA

Related News

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

1 hari lalu

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

Bahlil will accelerate the facilitation of investment to achieve sugar and bioethanol self-sufficiency

Read More

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

1 hari lalu

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

IKN Authority deputy head claims that investment opportunities in IKN are attracting European attention.

Read More

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

2 hari lalu

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

IKN Authority said it had received three letters of intent (Lol) from three Malaysian private companies.

Read More

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

2 hari lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.

Read More

Microsoft's Promises Behind Jumbo Investments for Indonesia

3 hari lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Read More

Jokowi Discusses Huge Investments in AI with Microsoft CEO

4 hari lalu

Jokowi Discusses Huge Investments in AI with Microsoft CEO

President Jokowi received a working visit from Microsoft CEO Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30.

Read More

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

4 hari lalu

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

Jokowi received a working visit from Microsoft Chief Executive Officer Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30, 2024.

Read More

Indonesia Prioritizes Local Investors in IKN, Says Minister Bahlil

4 hari lalu

Indonesia Prioritizes Local Investors in IKN, Says Minister Bahlil

Indonesian Investment Minister Bahlil Lahadalia said the government would prioritize domestic investors in the IKN project.

Read More

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

4 hari lalu

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

Indonesian President Jokowi and Singapore PM Lee Hsien Loong emphasized the importance of continued cooperation between the two countries.

Read More

Indonesia Discusses Sport Infrastructure Investment with UAE

5 hari lalu

Indonesia Discusses Sport Infrastructure Investment with UAE

Indonesia's Youth and Sports Minister discussed opportunities for investment in the development of sports infrastructures with the UAE.

Read More