Bali's Premium Beef Prices Increased by 7.96% This Week

The price of grade 1 beef in Bali reached Rp 189,250 per kg on Tuesday, March 8, 2022. Compared to other regions, this is the highest price increase in the last week.

According to daily commodity price data from the National Strategic Food Price Information Center, the price of grade 1 beef in Bali has increased by 7.96% in the past week.

Compared to the price 30 days prior, the price of grade 1 beef in this region has increased by 20.66%. This signifies a significant surge within a month. In fact, compared to the last year's prices, this is the highest price ever recorded for grade 1 beef in modern markets in Bali.

For the January-March 2022 period, the price of grade 1 beef in modern markets has continuously increased, rising 20.66% compared to the previous month.

The price of grade 1 beef reached its lowest point at Rp 146,300 per kg on Monday, February 28, 2022. The highest price ever reached was around Rp 189,250 per kg.

Nationally, the price of grade 1 beef started to rise towards the end of 2021. The average price of grade 1 beef in modern markets is Rp 173,870 per kg, a 0.72% increase compared to the end of last week.