Rice Prices in Indonesia Creep Upward Through the First Half of 2023

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Adi Ahdiat 10/07/2023 13:20 WIB

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According to data from the Ministry of Trade, the average price of rice in Indonesia has steadily increased since mid-last year until the first half of 2023.

Average Monthly Rice Prices in Indonesia (June 2018-June 2023)

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Rice Prices in Indonesia Creep Upward Through the First Half of 2023

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Average Monthly Rice Prices in Indonesia (June 2018-June 2023)

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Based on data from the Ministry of Trade's Market and Basic Needs Monitoring System (SP2KP), rice prices in Indonesia have been steadily climbing since mid-last year until the end of the first half of 2023.

In June 2023, the national average price of premium rice reached Rp14,019 per kilogram (kg).

This price increased by 0.5% compared to the previous month (month-on-month/mom), increased by 13% compared to the previous year (year-on-year/yoy), and represents the highest price in the last five years.

Meanwhile, the national average price of medium-quality rice reached Rp12,035 per kg in June 2023.

The price of medium rice remained almost stable, decreasing only by 0.05% month-on-month (mom), but increased by 15.7% year-on-year (yoy), and is still considered the highest since 2018.

Here are the 10 provinces with the highest average premium rice prices in June 2023:

1. South Kalimantan: Rp17,677 per kg
2. Central Kalimantan: Rp16,112 per kg
3. West Sumatra: Rp15,944 per kg
4. Papua: Rp15,685 per kg
5. North Maluku: Rp15,650 per kg
6. Maluku: Rp15,574 per kg
7. West Kalimantan: Rp15,268 per kg
8. West Papua: Rp14,777 per kg
9. North Kalimantan: Rp14,647 per kg
10. Riau: Rp14,644 per kg

Here are the 10 provinces with the highest average medium rice prices in June 2023:

1. South Kalimantan: Rp15,427 per kg
2. West Papua: Rp14,512 per kg
3. North Kalimantan: Rp13,994 per kg
4. West Sumatra: Rp13,800 per kg
5. Papua: Rp13,659 per kg
6. Maluku: Rp13,653 per kg
7. Gorontalo: Rp13,350 per kg
8. Central Kalimantan: Rp13,271 per kg
9. North Sumatra: Rp12,441 per kg
10. Southeast Sulawesi: Rp12,268 per kg

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Rice Prices in Indonesia Creep Upward Through the First Half of 2023

Rice Prices in Indonesia Creep Upward Through the First Half of 2023

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Rice Prices in Indonesia Creep Upward Through the First Half of 2023

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