Not Just Rice, These Food Commodities Increased in Price in February 2024
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The prices of several food commodities in Indonesia have increased significantly over the past year.
According to data from the National Food Agency (Bapanas), the highest price increase occurred in garlic.
As of February 23, 2024, Bapanas recorded the average national retail price of garlic bulbs at Rp38,520 per kilogram.
This price is up 34.6% compared to the average price in February 2023 (year-on-year/yoy).
A similar trend occurred with red chili peppers, whose prices increased by 33.5% (yoy) over the past year.
Furthermore, the average price of granulated sugar increased by 21.8% (yoy), premium rice by 17.7% (yoy), and medium rice by 17.6% (yoy).
Meanwhile, the price increases for broiler chicken, chicken eggs, and bulk cooking oil were relatively low, as shown in the graph.
However, Bapanas also noted that the prices of some staple foods have decreased.
This occurred with beef, whose average retail price decreased by 0.2% (yoy) as of February 23, 2024.
During the same period, the average price of packaged cooking oil decreased by 3.3% (yoy), bulk wheat flour by 5% (yoy), red chili peppers by 10.4% (yoy), and shallots by 13.8% (yoy).
"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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