BPS ranks Jakarta 39th for inflation

BPS ranks Jakarta 39th for inflation

Jakarta inflation drops significantlyBPS ranks Jakarta 39th for inflationA recent study by the Central Statistics Agency (BPS) has ranked Jakarta 39th in terms of inflation rates in 66 Indonesian municipalities and regencies in September.Forty-five of the 66 municipalities/regencies surveyed experienced inflation in September, with the West Kalimantan town of Singkawang showing the highest inflation rate, and the West Java town of Bogor with the lowest, BPS Jakarta office chief Agus Suherman said Tuesday in Jakarta."Jakarta's inflation rate in September dropped significantly to 0.13 percent from a fairly high rate of 1.15 percent in August," Agus said."We hope Jakarta's inflation rate will continue to drop over the next three months so that by the end of the year the [cumulative 2011] rate will be under the targeted 6.5 percent."Agus added that the declining inflation rate in Jakarta in September had been prompted by increases to university tuition fees and pay for domestic workers.

A recent study by the Central Statistics Agency (BPS) has ranked Jakarta 39th in terms of inflation rates in 66 Indonesian municipalities and regencies in September.

Forty-five of the 66 municipalities/regencies surveyed experienced inflation in September, with the West Kalimantan town of Singkawang showing the highest inflation rate, and the West Java town of Bogor with the lowest, BPS Jakarta office chief Agus Suherman said Tuesday in Jakarta.

"Jakarta's inflation rate in September dropped significantly to 0.13 percent from a fairly high rate of 1.15 percent in August," Agus said.

"We hope Jakarta's inflation rate will continue to drop over the next three months so that by the end of the year the [cumulative 2011] rate will be under the targeted 6.5 percent."

Agus added that the declining inflation rate in Jakarta in September had been prompted by increases to university tuition fees and pay for domestic workers.

Source: The Jakarta Post, Jakarta
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