economics
North Maluku: Ternate's Inflation Peaked at 6.8% in February 2023
Year-on-year inflation in Ternate hit 6.8% in February, while month-to-month prices fell in three months, bottoming at -1.26% in March.
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Layanan ini menggunakan API Badan Pusat Statistik. This service uses the Central Statistics Agency API. From Indonesia.
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Consumer prices in Ternate, the largest city in North Maluku province, followed a pronounced seasonal pattern in 2023, according to year-on-year and month-to-month inflation data from Indonesia's Central Statistics Agency (BPS).
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The year-on-year rate reached its highest point in February at 6.8 percent, driven by a sharp 1.
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85 percent monthly jump that month — a spike likely linked to demand pressures ahead of Ramadan, which began in late March that year.
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The elevated pace persisted into spring: April and May recorded year-on-year rates of 5.63 percent and 5.
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71 percent, respectively, coinciding with the Ramadan and Idul Fitri period when food and transportation costs typically rise. After June's 5.
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37 percent, the headline number cooled markedly in the second half of the year, dipping to 3.34 percent by September. Month-to-month figures revealed three months of outright deflation. March saw the steepest fall at -1.
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26 percent, possibly reflecting a post-surge correction as supply chains normalised after the February spike. September and November also saw slight price declines of -0.42 percent and -0.2 percent.
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Year-on-year inflation in Ternate hit 6.8% in February, while month-to-month prices fell in three months, bottoming at -1.26% in March.

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