Indonesia's annual inflation rate for December 2024 stood at 1.57 percent, aligning with the government's target of around 2.5 percent. The figure showed a slight increase compared to November 2024's inflation rate of 1.55 percent, but was lower than the 2.61 percent recorded in December 2023.When broken down by expenditure group, inflation in December 2024 was primarily driven by food, beverage, and tobacco, which saw a 1.9 percent increase and contributed 0.55 percent to the overall inflation. Key commodities in this category included machine-made clove cigarettes, contributing 0.13 percent, and cooking oil, contributing 0.11 percent. Other significant contributors were rice, ground coffee, shallots, fresh fish, chicken meat, and garlic. In addition to food and beverages, inflation was also significantly influenced by commodities such as gold and jewelry, which contributed 0.35 percent to inflation. Meanwhile, the transportation group experienced a slight deflation due to falling air transportation fares in December 2024.Government-administered prices saw a 0.56 percent inflation rate, contributing 0.11 percent to overall inflation. Volatile food prices had a modest 0.12 percent inflation rate, contributing 0.02 percent, with rice, shallots, chicken meat, garlic, and eggs being the primary contributors.Source: https://jakartaglobe.id/business/december-2024-inflation-reaches-157-driven-by-food-and-gold-prices (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 2 January 2025