BPS Releases Inflation Developments to Exports and Imports

Jakarta Central Statistics Agency (BPS) has released data on inflation, tourism, room occupancy rates, and development of exports and imports in December 2021 online, on Monday (1/3).

Inflation of 0.45 percent in December was the highest in 2021

According to Anggoro Dwitjahyono, Head of Jakarta BPS, inflation in Jakarta last December reached 0.45 percent. The development of month to month (MtM), January to December or calendar year inflation was 1.53 percent and year on year (YoY) in December 2021 compared to December 2020 amounting to 1.53 percent.

"Inflation of 0.45 percent in December was the highest in 2021. The cancellation of PPKM level 3 during Christmas and New Year has a positive effect. Calendar year inflation by 1.53 percent was the lowest for the last three years in the same period, likewise with 1.53 percent YoY inflation, the lowest in three years," he expressed.

BPS Sees 82.9 Percent Drop in Foreign Tourists During Pandemic

He said, the main contributors to the inflation rate last December were price hike on cooking oil with a share of 0.09, price hike on air freight rates by 0.04 percent and price hike on chicken eggs by 0.04 percent. In satellite cities, Jakarta's inflation was below Tangerang (0.69 percent), Bogor (0.56 percent), and Bekasi (0.54 percent). Jakarta's inflation was higher than Depok which reached only 0.33 percent.

"There are five commodities that experienced price increases compared to the previous month or November. That is cayenne pepper at 55.26 percent, green chili 19.15 percent, red chili 13.29 percent, and cooking oil 9.49 percent. We also noted a decline in beef prices," he said.

As for the data on tourism developments in November 2021 showed that there were 19,046 foreign tourist arrivals via Soekarno Hatta Airport (18,971) and Halim Perdanakusuma Airport (75). Visits in November increased by 38.7 percent compared to October 2021 (MtM). When compared to November 2020, there was an increase of 32.6 percent (YoY).

"The five countries with the most visits to Jakarta are China with 3,070, South Korea 1,589, Russia 1,432, India 1,085, and United States 821," he continued.

Then the room occupancy rate (TPK) for star hotels in Jakarta last November was 53.3 percent, in October 2021 with 50.6 percent, and November 2020 with 45.6 percent.

"Jakarta's export development in November 2021 increased by 7.1 percent compared to October 2021 and increased by 7.9 percent compared to November 2020. Imports in November 2021 were up 16.5 percent compared to October 2021 and up 52.3 percent compared to November 2020," he stated.