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In October 2023, the National Wholesale Price Index (WPI) changed by 3.56 percent year-on-year

In October 2023, the National Wholesale Price Index (WPI) changed by 3.56 percent year-on-year
Release Date : November 1, 2023
File Size : 4.49 MB

Abstract

  • In October 2023, Indonesia's National Wholesale Price Index changed by 3.56 percent compared with October 2022 (year-on-year/y-on-y). The most significant change in the index is the Agriculture Sector, which increased by 6.96 percent.
  • The year-on-year price change in October 2023 was contributed mainly by paddies, carrots and turnips, gingers, sands, rice, and filtered cigarettes with clove.
  • The WPI in October 2023 changed by 0.22 percent month-to-month (m-to-m) and 2.50 percent year-to-date (y-to-d).
  • The WPI Construction Materials in October 2023 changed by 0.97 percent year-on-year, partly due to the increasing prices of sands, stone for construction foundations, aggregate, diesel fuel, and asphalt.
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