Indonesia: Rice prices continue to rise, breaking another record to IDR 13,300

Published 2023년 10월 2일

Tridge summary

The price of rice continues to rise, and the government is providing food aid in the form of 10 kg of rice for 21.252 million beneficiary families for three months. The government is also distributing food supply and price stabilization rice to the consumer market. The prices of medium and premium rice have reached new record levels, while at the producer level, the price of harvested dry grain has fallen at the farmer level and remained stable at the milling level.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Rice prices are observed to continue to increase. In fact, the government has provided food aid in the form of 10 kg of rice for 21.252 million beneficiary families (KPM). The food assistance is provided for 3 months, namely September to November 2023. Apart from that, the government is also distributing food supply and price stabilization rice (SPHP) to the consumer market both through retail and traditional markets. The Food Agency's Price Panel shows that the price of rice today, Monday (2/10/2023, data accessed at 12.03 WIB) shows that the price of medium rice has increased by Rp. 80 to Rp. 13,300 per kg and premium rice has increased by Rp. 50 to Rp. 14,880 per kg. This is a new record level for medium and premium rice prices. This price is the national average at the retail trader level. A week ago, September 25 2023, the price of medium rice was still at IDR 13,240 per kg and premium rice at IDR 14,750 per kg. At the producer level, the price of ...

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