Ambon City and Tual City Consumer Price Index 2019

Various kinds of economic, political events, social upheaval, and significant changes in the price of goods / services in recent years have resulted in significant changes in consumption patterns. Therefore, the availability of the latest consumption pattern data as a basis for the preparation of the Consumer Price Index (CPI) and better inflation becomes a necessity that cannot be postponed. The CPI is one of the important economic indicators that can provide information about price developments of goods / services. Calculation of CPI is intended to determine changes in prices of a fixed group of goods / services that are generally consumed by the public. Changes in the CPI from time to time reflect the level of increase (inflation) or the rate of decline (deflation) of goods / services of daily household needs. The increase or decrease in the price of goods / services has a very close relationship with the purchasing power of money owned by the public, especially those with fixed income. The level of change in CPI (inflation / deflation) that occurs, naturally reflects the purchasing power of money used by the community to meet their daily needs. The higher the inflation, the lower the value of money and the lower purchasing power.