In October 2022 Denpasar City recorded a deflation of as deep as 0.04 percent as indicated by a decrease in the Consumer Price Index (2018=100 base year) from 112.34 in September 2022 to 112.30 in October 2022. Meanwhile, the calendar year inflation rate ( year to date/ytd) and year-on-year inflation rates (October 2022 against October 2021 or year on year/ YoY) were recorded as high as 5.62 percent and 7.17 percent, respectively.
Of the eleven expenditure groups, two expenditure groups experienced deflation, namely group I (food, beverages and tobacco) of -1.17 percent; and group VII (information, communication and financial services) by -0.48 percent. Meanwhile, eight expenditure groups recorded inflation (m to m), namely group IV (equipment, equipment and routine household maintenance) of 1.29 percent; group VI (transportation) by 0.99 percent; group II (clothing and footwear) by 0.71 percent; group V (health) by 0.16 percent; group VIII (recreation, sports and culture) by 0.15 percent; group X (provision of food and beverages/restaurants) by 0.11 percent; group III (housing, water, electricity, and household fuel) by 0.06 percent; group XI (personal care and other services) by 0.03 percent. Meanwhile, one other expenditure group, namely group IX (education), did not experience a change in index or was stagnant.
Of the 90 cities monitored by the National Inflation, 61 cities experienced deflation and 29 cities experienced inflation. The deepest deflation was recorded in Gunungsitoli (North Sumatra) as deep as 1.48 percent while the highest inflation was recorded in Manokwari City (West Papua) as high as 0.76 percent. If sorted from the deepest deflation, the City of Denpasar with a deflation of 0.04 percent ranks 58th out of 61 cities experiencing deflation.
