Minister of Finance Sri Mulyani Indrawati said that she would remain vigilant about the average increase in rice prices which had reached above Rp. 15,000 per kilogram in February 2024. Because the increase in rice prices greatly affected monthly inflation.
"We are also wary of the increase in monthly rice prices which reached 7.7 percent (ytd), until February 21 it has reached an average price of Rp. 15,175 per kg," Sri Mulyani said at a press conference on the APBN KITA, Thursday, February 22.
According to Sri Mulyani, the increase in rice prices is one of the factors driving the high contribution to volatile food inflation in the headline of inflation.
In addition to the increase in rice prices, Sri Mulyani revealed that the increase in food prices has attracted the attention of the government, namely garlic, red chilies, chicken meat and chicken eggs.
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The increase in food prices is certainly one of the challenges ahead of Ramadan and Eid al-Fitr. Therefore, Sri Mulyani hopes that volatile food must be stabilized immediately so that overall inflation can be maintained low.
"So volatile food must be stabilized immediately so that the headline of inflation can still be maintained low during world inflation and developed countries also decrease," he said.
Meanwhile, on Thursday, February 22, 2024, the Panel of Food Agency Prices recorded that the price of premium rice rose to Rp16,270 per kg and the price of medium rice rose to Rp14,230 per kg.
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