Indonesia`s YOY inflation up 6.51 percent in August

Jakarta (Antara News) - Indonesia's annual inflation rose nearly half a percentage point in August to 6.51 percent from a month earlier, driven by higher prices for education, food and housing, official data showed Monday.

The consumer price index (CPI) for Southeast Asia's largest economy last month rose 0.75 percent from July, Central Bureau of Statistics chairman Rusman Heriawan was quoted by AFP as saying. Inflation in the eight months to August stood at 3.58 percent.

Inflation in July was up 0.72 percent from June and up 6.06 percent from a year before, also driven by higher education costs and fresh food prices.

"The August inflation was expectedly higher due to the sharp increase in the prices of a number of commodities in the last two weeks of the month," Heriawan told a press briefing.

He said that apart from education costs, the price of kerosene was among the biggest contributors to August inflation.

Heriawan said prices in the education, recreation and sports segment rose 3.18 percent month-on-month while fresh food prices were up 0.79 percent.

Prices of housing, water, electricity, gas and fuel rose 0.77 percent from July while prices of processed food, beverage, cigarettes and tobacco were up 0.48 percent.

Clothing prices were up 0.49 percent, while medical care was up 0.24 percent and prices of transportation, communication and financial services rose 0.04 percent.
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