Food Prices Fall After a Week of Fasting

Economics & Macro

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24/05/2018 15:32 WIB

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Entering the eighth day of Ramadan, food prices are showing a downward trend.

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Food Price Changes (May 16-24, 2018)

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Entering the eighth day of Ramadan, food prices have shown a downward trend. Data from the National Center for Strategic Food Price Information (PIHPS) shows that the price of large red chilies on Thursday (24/4) fell 5.29% to Rp 40,250/kg from the day before Ramadan (16/5). This is the largest decrease compared to other food prices.

The second largest decrease was recorded in the price of fresh broiler chicken, which fell 4.05% to Rp 35,550/kg from the day before Ramadan, and the third largest decrease was in the price of beef, which fell 1.41% to Rp 115,300/kg. Meanwhile, the price of fresh chicken eggs, which had previously increased, also fell 1.36% to Rp 25,450/kg.

The increased demand for food products ahead of Ramadan and in anticipation of Eid al-Fitr usually drives prices up. However, the government's measures to date have been able to stabilize commodity prices.

"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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Food Prices Fall After a Week of Fasting

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Today's Food Prices (05/12) in Aceh: Onions Up, Red Chili Down

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Food Prices Fall After a Week of Fasting

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Today's Food Prices (05/12) in Aceh: Onions Up, Red Chili Down

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