March 2018, Deflation of NTB Declined 0.24 Percent

·         In March 2018, Nusa Tenggara Barat experienced deflation about 0,24 percent, in other words Consumer Price Index (CPI) fell from 131,05 in January 2018 to 130,73 in February 2018. The rate was below the national level that recorded inflation at 0,20 percent.

·         Looking at regional level, both Mataram and Bima city experienced deflation that were 0,15 percent and 0,57 percent, respectively.

·         Deflation was due to decreasing price index of the following expenditure groups: foodstuff about 1,62 percent; transport, communication and financial services about 0,06 percent; By contrast, increasing index occured in health about 0,92 percent; clothing about 0,33 percent; housing, water, electricity, gas and fuel about 0,26 percent; prepared food, beverages, cigarette and tobacco about 0,12 percent; and education, recreation and sport about 0,02 percent.

·         Inflation rate of Nusa Tenggara Barat, based on calendar year, in March 2018 was about 0,65 percent, lower than inflation rate of March 2017 which was about 1,06 percent. Furthermore, inflation rate of year on year in March 2018 documented at 3,30 percent also lower than the inflation rate of year on year in March 2017 that was about 4,33 percent.