Press Statement of President of the Republic of Indonesia on the Inspection of Kemuning Market, Pontianak City, West Kalimantan Province, November 29, 2022

Presiden Republik Indonesia (Joko Widodo)

Every time I visit the regions, I always go to the markets to check prices. In addition to providing additional business capital, it is important to check prices, check inflation rate, check whether goods and service prices increase. I asked the mayor about inflation. In Pontianak, the rate is under 5 [percent]. It is good, lower than the national rate, very good.

Journalist

Sir, will the inflation rate remain the same in the end of the year and in the beginning of next year?

Presiden Republik Indonesia (Joko Widodo)

We are taking measures to control inflation and manage it so that it continues to decrease. That is what we expect because it is the issue that all countries are facing. The issue that all countries face now is the increase in goods and service prices. Every country is afraid of that.

Journalist

 (Inaudible)

Presiden Republik Indonesia (Joko Widodo)

Yes, based on the inspection, [the prices] are stable. In fact, some prices decreased. Shallot price decreased, and garlic price also decreased.

Journalist

What is your hope for the new capital (IKN)?

Presiden Republik Indonesia (Joko Widodo)

IKN, once again, we are not only moving the capital physically. What we are aiming for is new ways of working. The second is a new mindset about governance, working method. That is what we want.

(DH/HD/MMB)