LPEM INFLATION ANALYSIS IN AUGUST 2016

In August 2016, (general) deflation is 0,02% (mtm) or 2,79% (yoy). Compare to previous years, deflation in August 2016 is the first deflation after 8 years. This economic phenomena happen due to change of fasting/ramadan month. Eight years ago, deflation happened right before fasting month started. In this August food and transportation price are finally normalized again.

 

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