[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 4 sources · 8 days · First seen · Last updated

Indonesian regional commodity price stabilization

Overview

Following instructions from the Ministry of Home Affairs to stabilize commodity prices, Indonesian regional governments have begun implementing various inflation control measures.

Initially, the Ministry of Home Affairs urged local authorities to use data and field inspections to keep the prices of essential goods, such as rice, cooking oil, and chili, within established reference limits. This directive followed rising Price Development Index levels across 132 regencies and cities.

In response, regional authorities have initiated practical interventions. In Riau, provincial governments are conducting cheap market operations for staples including rice, sugar, and eggs. Meanwhile, in the Banyumas Raya region, Bank Indonesia is utilizing a ‘4K’ strategy—focusing on affordability, availability, distribution, and communication—to maintain inflation within national targets.

Entities

Riau Provincial Government · Purwokerto · Bank Indonesia · Banyumas Raya · Tomsi Tohir

Timeline

  1. 11 days ago

    [BUSINESS] 2 sources
    Indonesian regional authorities implement measures to control inflation

    Indonesian regional governments and Bank Indonesia are implementing market operations and the '4K' strategy to control inflation and stabilize the supply and price of staple goods.

  2. 19 days ago

    [BUSINESS] 2 sources
    Ministry of Home Affairs urges regional governments to stabilize commodity prices

    Indonesia's Ministry of Home Affairs has urged regional governments to monitor markets directly to stabilize prices for rice, cooking oil, and chili in accordance with government reference price limits.

Sources

antaranews.com · bisnis.liputan6.com · regional.liputan6.com · riau1.com