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The Central Bureau of Statistics (BPS) recorded an increase in the wholesale price index in the agricultural sector in 2016. The agricultural sector price index reached 356, meaning that trading prices have increased by 356 percent since 2000. Compared to the 2015 period, there was a 48 percent increase after previously only reaching an index of 240.68.
The price increase in the agricultural sector is suspected to be caused by the bad weather that hit Indonesia in 2015. In addition, the decline in public purchasing power also contributed to this price movement. However, the Ministry of Agriculture claims that this price increase is still considered stable.
"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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