Statistics Indonesia (BPS) recorded the Consumer Price Index (CPI) for the June 2021 period to experience deflation of 0.16% MoM. Meanwhile, on a yearly and annual basis, inflation was 0.74% YtD and 1.33% YoY respectively. Deflation in June 2021 is lower than in May 2021, which booked inflation of 0.32% MoM, and June last year’s inflation at 0.18%. The deflation was mainly influenced by the decline in prices of a number of commodities in the food, beverage, and tobacco segment by 0.71% with a share of 0.18%. In more detail, deflation also occurred in the transportation group by 0.35% with a share of 0.04%.
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