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INFLATION BB BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA In May 2023, North Sumatra recorded inflation 0.27% (mtm), increased from the previous month which recorded deflation -0.18% (mtm). This was mainly driven by price increases in the volatile food group in line with (i) the increase in animal feed prices, (ii) the end of the harvest period, and (iii) high sea waves that hindered fishermen from fishing. Spatially, North Sumatra experienced inflation with the highest inflation rate occurring in Padangsidempuan 0.49% (mtm), Sibolga experienced the lowest inflation 0.16% (mtm). Meanwhile, the other four cities such as Pematangsiantar, Gunungsitoli, and Medan recorded monthly inflation 0.45% (mtm), 0.38% (mtm), and 0.24% (mtm) respectively. Bank Indonesia Representative Office of North Sumatra together with the Provincial Government of North Sumatra continue to strive to control inflation, especially ahead of religious holidays and new year through the synergy of Regional Inflation Control Team (TPID) of North Sumatra. 22 MONTH MONTH TO MONTH INTE YEAR ON YEAR 31 YEAR TO DATE 0,27 4,00 1,10 0,72 0,10 0,09 3,66 3,62 0,37 N. Sumatra Sumatra Indonesia N. Sumatra Sumatra Indonesia N. Sumatra Sumatra Indonesia North Sumatra Investment Book Source: BPS, processed

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