RI'S ON-YEAR INFLATION REACHES 11.85 PCT IN AUGUST

Jakarta, Sept 1 (ANTARA) - Indonesia's monthly inflation rate in August 2008 reached 0.51 percent, bringing the calendar inflation rate to 9.4 percent and the on-year inflation rate to 11.85 percent, the Central Bureau of Statistics (BPS) said.
The August 2008 inflation was mainly the result of a 0.94 percent rise in the prices of foodstuffs and a 1.36 percent increase in the prices of services in the education, recreation and sports sectors, BPS Chief Rusman Heriawan said here on Monday.
"The BPS did not record any increase in transport fares in August," he said.
The agency noted a rise in the prices of a number of commodities including fresh fish, chicken meat, eggs, and liquefied petroleum gas (LPG) as well as an increase in senior high school tuition fees contributed a lot to the August 2008 inflation.
"Although the rise in the prices of LPG was postponed it had contributed to the August 2008 inflation rate. The rise in senior high school tuition fees followed an increase in elementary and junior high school tuition fees a month earlier," he said.
The BPS chief said the prices of a number of ecommodities including gold, onion, chili, Pertamax gasoline and cooking oil fell in August.