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price
According to the latest data issued by the Statistics Indonesia (BPS), the annual inflation totaled 4.69 percent in August 2022, a slight decline from 4.94 percent in July.
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Central, Regional Governments Combine Price Data to Curb Inflation
According to the latest data issued by the Statistics Indonesia (BPS), the annual inflation totaled 4.69 percent in August 2022, a slight decline from 4.94 percent in July.
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President Receives Results of Price Hike Calculation
President Jokowi said earlier on a number of occasions that the decision to increase subsidized fuel prices should be based on careful calculations.
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Price and Demand Weakening
The increase in the price of an item has a limit. If it rises above the ability to pay, the customer will stop buying and switch completely to another alternative.
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Price, Substitution and Purchasing Power
The Russia-Ukraine war has disrupted 31 percent of the world's grain supply. Ukraine produces 25 percent of the world's wheat, with Russia producing the rest.
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Transparency in Determining Cooking Oil Price
The price increase began three months ago as a result of an increase in the price of crude palm oil (CPO) on the international market.
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