President Jokowi Inspects Food Prices at Menteng Pulo Market

President Jokowi inspects Menteng Pulo Market in Jakarta accompanied by Cabinet Secretary Pramono Anung and Interim Governor of Special Capital Region of Jakarta Heru Budi Hartono, Wednesday (06/15). (Photo: PR/Rahmat)

President Joko “Jokowi” Widodo Thursday (06/15) inspected Menteng Pulo Market in Jakarta to check the prices of basic necessities and potential inflation movement following Eid al-Fitr.

“I want to look into the price situation, especially related to inflation following Eid al-Fitr,” he said in his press statement following the inspection.

According to the President, the prices of several basic necessities remain stable although some commodities have experienced a price increase, including shallots whose price increased from Rp32,000-34,000 per kilogram to Rp44,000-45,000 per kilogram.

“There is no problem with rice prices. Medium-grade rice is sold at Rp9,000 and Rp9,500. I was surprised to know that there is rice that costs Rp9,000. I suppose it is good. Oil price remains at Rp14,000. Egg price lowered to Rp31,000,” he said.

Based on data from Statistics Indonesia, the inflation rate following Eid al-Fitr in May 2023 was 0.09 percent month to month (mtm), which decreased the consumer price index (CPI) inflation rate to 4.00 percent (year on year/yoy) from the inflation rate in the previous month at 4.33 percent (yoy). (TGH/UN) (DH/MMB)