Minyakita Prices Exceed Maximum Retail Price (HET) in All Provinces as of April 2024

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Adi Ahdiat 07/05/2024 16:55 WIB

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According to the Ministry of Trade's data, as of April 2024, the price of MinyaKita has exceeded the Highest Retail Price (HET) in all provinces except Papua Pegunungan, for which data is unavailable.

Average Minyakita Price per Month by Province (April 2024)*

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Minyakita Prices Exceed Maximum Retail Price (HET) in All Provinces as of April 2024

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Average Minyakita Price per Month by Province (April 2024)*

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MinyaKita is a simple packaged cooking oil brand owned by the Indonesian government through the Ministry of Trade.

The government sets the highest retail price (HET) for MinyaKita at Rp14,000 per liter. However, its selling price in the market has now exceeded that benchmark.

According to data from the Ministry of Trade's Market and Basic Needs Monitoring System (SP2KP), in April 2024, the most expensive MinyaKita was in North Maluku, averaging Rp18,500 per liter.

Meanwhile, the cheapest was in the Riau Islands, averaging Rp14,100 per liter.

Although the price varies, the average price of MinyaKita across all provinces has exceeded the HET, except in Papua Pegunungan where data is unavailable.

On average, in April 2024, the national price of MinyaKita reached approximately Rp15,900 per liter, 13.6% higher than the HET.

Amid this upward price trend, Trade Minister Zulkifli Hasan proposed increasing the HET for MinyaKita by Rp1,000 to Rp15,000 per liter.

"Currently, the proposal (to increase the HET for MinyaKita) is still under discussion," said Zulkifli, as reported by *Katadata.co.id*, Monday (6/5/2024).

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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Minyakita Prices Exceed Maximum Retail Price (HET) in All Provinces as of April 2024

Minyakita Prices Exceed Maximum Retail Price (HET) in All Provinces as of April 2024

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Minyakita Prices Exceed Maximum Retail Price (HET) in All Provinces as of April 2024

Minyakita Prices Exceed Maximum Retail Price (HET) in All Provinces as of April 2024

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