Data Check: Are the Prices of Essential Goods Still Under Control?

Economics & Macro

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Puja Pratama 12/12/2023 21:40 WIB

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Presidential candidate number two, Prabowo Subianto, stated that the prices of necessities and the economy for the people are still under control. What does the Consumer Price Index data show?

Consumer Price Index (June 2022 - September 2023)

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Data Check: Are the Prices of Essential Goods Still Under Control?

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Consumer Price Index (June 2022 - September 2023)

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Presidential candidate number two, Prabowo Subianto, stated that the prices of necessities and the economy for the people are still under control. This statement was made during the first Presidential Candidate Debate (2024 Presidential Candidate Debate) with the theme of Governance, Law, Human Rights, Corruption Eradication, Strengthening Democracy, Improvement of Public Services, and Community Harmony, held at the General Election Commission (KPU) office, Central Jakarta, on Tuesday (12/12/2023).

“Prices are still under control. The economy for our people is still safe. Why? Because of leadership, because of successful state management. My fellow countrymen, amidst 280 million people, surely there will be some shortcomings? But we must be wise, mature, and we must not be hypocritical,” said Prabowo.

Referring to data from the Central Statistics Agency (BPS) in September 2023, there has been a decrease in inflation from February 2023 to July 2023 year-on-year (yoy). Year-on-year inflation was recorded at 2.28% with a consumer price index (CPI) of 115.44 points. Manokwari Regency recorded the highest inflation at 5.26% with a CPI of 119.96 points. Meanwhile, Manado and Gorontalo were the regions with the lowest inflation at 1.16% with CPIs of 113.96 and 113.23 points respectively.

(See also: Indonesia's Inflation at 2.86% as of November 2023)

Editor : Dini Pramita

"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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Data Check: Are the Prices of Essential Goods Still Under Control?

Data Check: Are the Prices of Essential Goods Still Under Control?

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Data Check: Are the Prices of Essential Goods Still Under Control?

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