{"id":306714,"date":"2024-10-06T11:00:08","date_gmt":"2024-10-06T04:00:08","guid":{"rendered":"https:\/\/setkab.go.id\/?p=306714"},"modified":"2024-10-07T13:33:14","modified_gmt":"2024-10-07T06:33:14","slug":"president-jokowi-calls-for-balance-in-managing-deflation-inflation-to-support-economic-stability","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/president-jokowi-calls-for-balance-in-managing-deflation-inflation-to-support-economic-stability\/","title":{"rendered":"President Jokowi Calls for Balance in Managing Deflation, Inflation to Support Economic Stability"},"content":{"rendered":"<div id=\"attachment_306643\" style=\"width: 4170px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-306643\" class=\"size-full wp-image-306643\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi.jpeg\" alt=\"\" width=\"4160\" height=\"3120\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi.jpeg 4160w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-300x225.jpeg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-1024x768.jpeg 1024w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-768x576.jpeg 768w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-600x450.jpeg 600w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-1536x1152.jpeg 1536w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-2048x1536.jpeg 2048w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-613x460.jpeg 613w, https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi-307x230.jpeg 307w\" sizes=\"auto, (max-width: 4160px) 100vw, 4160px\" \/><p id=\"caption-attachment-306643\" class=\"wp-caption-text\">President Jokowi delivers a statement to the press after attending the Nusantara TNI Fun Run 2024 at Nusantara, Saturday (10\/06). (Photo by: BPMI\/Vico)<\/p><\/div>\n<p>Understanding the causes of deflation is important to ensure that the economy remains under control and stable, President Joko \u201cJokowi\u201d Widodo has said.<\/p>\n<p>\u201cFirst, do check whether deflation is due to falling prices of goods given the fact that the supply is good, distribution is smooth, no transport obstacles, or if there is indeed a decrease in purchasing power?\u201d said the President during the Nusantara TNI Fun Run 2024 held in Nusantara, Sunday (10\/06).<\/p>\n<p>President Jokowi stressed that both deflation and inflation must be well-managed to maintain price stability that does not harm various parties, from producers to consumers. According to him, the balance between stable prices and the ability of producers to continue producing goods is very important.<\/p>\n<p>\u201cBoth deflation and inflation must be controlled so that prices are stable, not harming producers\u2014whether farmers, fishermen, MSMEs, or manufacturers\u2014and consumers so that prices do not rise,\u201d the President added.<\/p>\n<p>In the current situation, he revealed that the annual inflation rate remains at a relatively good level, around 1.8 percent. However, he warned that this figure should not be too low as it could disadvantage producers, particularly farmers and other production-related sectors.<\/p>\n<p>\u201cControl and balance are necessary. Currently, if the latest year-on-year inflation is about 1.8 percent, it\u2019s still considered good, but it shouldn\u2019t be too low to avoid harming producers, especially farmers who are producing,\u201d the President said, adding that maintaining this balance is not easy. Nevertheless, the Government will continue to strive to ensure sustainable price stability to protect both producers and consumers across all economic sectors.<\/p>\n<p>\u201cMaintaining that balance is not easy. The Government will do its utmost,\u201d the President remarked. (<strong>BPMI\/ABD<\/strong>) <strong>(EST\/MUR)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding the causes of deflation is important to ensure that the economy remains under control and stable, President Joko \u201cJokowi\u201d Widodo has said. \u201cFirst, do check whether deflation is due to falling prices of goods given the fact that the supply is good, distribution is smooth, no transport obstacles, or if there is indeed a [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":306643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-306714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>President Jokowi Calls for Balance in Managing Deflation, Inflation to Support Economic Stability - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-for-balance-in-managing-deflation-inflation-to-support-economic-stability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Jokowi Calls for Balance in Managing Deflation, Inflation to Support Economic Stability - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"Understanding the causes of deflation is important to ensure that the economy remains under control and stable, President Joko \u201cJokowi\u201d Widodo has said. \u201cFirst, do check whether deflation is due to falling prices of goods given the fact that the supply is good, distribution is smooth, no transport obstacles, or if there is indeed a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/president-jokowi-calls-for-balance-in-managing-deflation-inflation-to-support-economic-stability\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-06T04:00:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-07T06:33:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2024\/10\/20241006-deflasi.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"4160\" \/>\n\t<meta property=\"og:image:height\" content=\"3120\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; 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