Agitation against bills will not affect inflation: BPS

GETNEWS.ID – The mass action against controversial bills in the past week did not affect the inflation rate, the Central Statistics Agency (BPS) has assessed.

“When the demonstrations descended into chaos, the food prices increased. There should have been indirect impact, but this was not like that,” BPS Head Suhariyanto said at a press conference in  Jakarta, Tuesday.

The protests had a minimal impact on the economic conditions as food prices remained stable, Suhariyanto said.

Nevertheless, he hoped that the protests being staged by students would not be protracted and conditions would return to normal.

“Small turmoil, we hope the demonstration can run in an orderly manner,” he said.

Previously, BPS recorded a deflation in September 2019 of 0.27 percent, which was influenced by a decline in food prices.

Commodity prices which declined include red chili, shallots, chicken meat, tomatoes, pepper, eggs and fresh fish.

With this achievement, inflation in the January-September 2019 was recorded at 2.2 percent and year-on-year inflation reached 3.39 percent. 

source : Antara

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