JAKARTA - Consumer prices in Indonesia could fall again in April from the preceding month, because prices of basic food commodities are still declining due to the harvest season, the head of the official Statistics Agency Rusman Heriawan said Wednesday.
“The prices of rice, cooking oil are still on a declining trend,“ Heriawan told reporters.
The agency reported Friday that the consumer price index in March dropped 0.32% from a month earlier, after a 0.13% increase in February from January. The rate of increase in the CPI from a year earlier slowed to 6.65% from 6.84% in February.
He said that the rupiah's continued appreciation would also help rein in inflation. Rusman said that the expected on-month decline in prices will also act as a drag on inflation for the year. He, however, didn't give any figures.
source : kompas.com
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