The price of Grade 1 beef in North Maluku rose 8.57% in a week.

Economics & Macro

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Viva Budy Kusnandar 20/02/2022 12:51 WIB

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(Read: Beef Prices of Grade 2 Quality in Bali Increased by 2.96% in a Week) Nationally, prices of Grade 1 beef began to rise towards the end of 2021.

Beef Price Developments for Grade 1 Beef Over the Last Three Months in North Maluku (Friday, February 18, 2022)

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Beef Price Developments for Grade 1 Beef Over the Last Three Months in North Maluku (Friday, February 18, 2022)

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The price of grade 1 beef in North Maluku reached Rp 164,700 per kg on Friday, February 18, 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 North Maluku has increased by 8.57% in a week.

Compared to the price 30 days prior, the price of grade 1 beef in this region has also increased by 8.57%. This signifies a significant surge in price over the past month. Furthermore, compared to the last year's prices, this is the highest price ever recorded for grade 1 beef in modern markets in North Maluku.

For the period of January-February 2022, the price of grade 1 beef in modern markets continued to rise, increasing by 8.57% compared to the previous month.

The lowest price of grade 1 beef was Rp 151,700 per kg on Monday, January 3, 2022. The highest price reached was Rp 164,700 per kg.

Nationally, the price of grade 1 beef began to rise towards the end of 2021. The average price of grade 1 beef in modern markets was Rp 172,290 per kg, a 5.96% increase compared to the previous weekend.

"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."