April 2023 Year on Year (yoy) inflation in West Java will be 4.55 percent - BPS-Statistics Indonesia Sumedang Regency


April 2023 Year on Year (yoy) inflation in West Java will be 4.55 percent

April 2023 Year on Year (yoy) inflation in West Java will be 4.55 percentDownload Official Statistics News
Release Date : July 15, 2024
File Size : 0.06 MB

Abstract

Inflation in West Java in April 2023 will increase by 4.55 percent (year on year). This figure shows the increase in prices of goods and services in West Java compared to April 2022. Compared to: March 2023: 4.39 percent (yoy) May 2023: 3.07 percent (yoy) Some important points: Commodities contributing to inflation: Purebred chicken meat Red onion Red chili pepper Rice Salted fish Reason: Increasing public demand ahead of Eid Disruption of supply of several commodities Increase in fuel prices Impact: Declining people's purchasing power Increasing poverty Slowing economic growth Efforts to control inflation: Maintain the supply of goods and services Carrying out market operations Providing subsidies to the community Controlling fuel prices Even though inflation in West Java is still relatively low compared to national inflation, it needs serious attention. It is hoped that with various efforts, inflation in West Java can be controlled and people's purchasing power can be maintained. Notes: National inflation in April 2023 will be 3.68 percent (yoy). West Java has higher inflation compared to national inflation. Continuous efforts need to be made to control inflation and maintain economic stability in West Java.
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