July 2023 Inflation Year on Year (yoy) Combined 2 CPI Cities in South Sumatra of 2.38 Percent

Release Date	:	August 1, 2023
File Size	:	3.54 MB

Abstract

In July 2023 there was year on year (yoy) inflation of 2.38 percent with a Consumer Price Index (CPI) of 114.73. Yoy inflation in Palembang City was 2.38 percent with a CPI of 114.73 and in Lubuk Linggau City it was 2.39 percent with a CPI of 114.74.
Inflation occurred due to price increases as indicated by increases in most of the expenditure group indices, namely: the transportation group by 10.58 percent; personal care and other services group by 4.02 percent; the education group of 3.89 percent; the group providing food and drink/restaurants by 2.69 percent; recreation, sport and culture group by 2.66 percent; the clothing and footwear group by 1.95 percent; the health group by 1.74 percent; equipment, equipment and household routine maintenance group of 1.49 percent; the food, beverage and tobacco group by 0.83 percent; the housing, water, electricity and household fuel group by 0.22 percent; and the information, communication and financial services group by 0.13 percent.
The month to month (mtm) inflation rate for July 2023 was 0.29 percent and the year to date (ytd) inflation rate for July 2023 was 1.62 percent.
The inflation rate for the core component in July 2023 on a yoy basis was 2.21 percent, while mtm inflation was 0.08 percent and ytd inflation was 0.95 percent.

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