Mnemonic | CPI.IIDN | |
---|---|---|
Unit | Index 2022=100, NSA | |
Adjustments | Not Seasonally Adjusted | |
Monthly | 0.52 % | |
Data | Mar 2024 | 106.13 |
Feb 2024 | 105.58 |
Source | Statistics Indonesia of the Republic of Indonesia |
Release | Consumer Price Index |
Frequency | Monthly |
Start Date | 1/31/1968 |
End Date | 3/31/2024 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Consumer Price Index (CPI) | Mar 2024 | 106.13 | 105.58 | Index 2022=100, NSA | Monthly |
Wholesale Price Index | Mar 2024 | 119.41 | 118.6 | Index 2018=100, NSA | Monthly |
For Indonesia, the consumer price index measures the pure price change in a selected basket of goods and services (of constant quantity and quality) typically purchased by Indonesian households. The index is compiled as a fixed, base-weighted price index of the Laspeyres form.
Active:
Predecessors:
Global concept aliases:
The source writes:
The price data is collected throughout the reference month for use in that month’s results. Calsulations generally consists of two methods verification, first, verification for the prices by comparing relative price of one item to the other, second, verification of process by combining index of country level obtained by using the city weight based on the number of households in each city.
Since January 2020, CPI has been based on a consumption pattern obtained from 2018 Cost of Living Survey in 90 cities.
Core Inflation, namely the persistent component within inflation movements, which is influenced by economic fundamentals, including: Supply-demand interaction;
External environment: exchange rate: international commodity prices, inflation in trading partner countries; Inflation expectations amongst merchants and consumers.
Non-core inflation, namely inflation components with higher volatility due to the influence of non-fundamental factors.
The components of non-core inflation are:
Volatile Foods: VF inflation is predominantly influenced by shocks in the foodstuffs’ category, such as harvests, natural disruptions or domestic and international food price developments.
Administered Prices: AP inflation is mainly influenced by government price policy on subsidised fuel, electricity rates, transportation fares and so on.
For analytic convenience, we have:
Potentially, but not usually.
For each vintage, the Y/Y variant starts one year after the index variant.
For non-core inflation measures, the source's labels are inconsistent. The data file and methodology refer to "volatile goods" and "volatile foods (VF)" respectively.
The Core CPI series has definitional breaks. In effect it splices several series with different base years:
At the source:
At IMF (SDDS):