Indonesia: The price of garlic is quietly increasing, reaching IDR 50,000/kg; what's going on?

Fresh Garlic

Vegetables

Indonesia

Market & Price Trends

Published Mar 26, 2024

Tridge summary

In Jakarta, garlic prices have seen a significant increase over the past year, with the latest data indicating a rise of IDR 10,000 per kg, pushing the price to IDR 45,000 for tuber garlic and IDR 50,000 for clove garlic at Gondangdia Market. This surge is linked to garlic being an import-dependent commodity, making its price susceptible to international market trends, unlike the domestically produced shallots. Despite the hike, consumer complaints have been scarce as the market adjusts to the new pricing. The Indonesian Ombudsman has urged for the enforcement of a maximum retail price (HET) for garlic, initially set at IDR 32,000 per kg by the Ministry of Trade in 2019, to curb price manipulation and promote trade transparency.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Jakarta, CNBC Indonesia - Garlic prices are observed to continue to increase. This increase has occurred since one year ago, where the price of garlic in March last year was around IDR 35,000 per kg for the tuber or sissy type, and IDR 40,000 per kg for the kating type. Based on CNBC Indonesia's monitoring this morning, Monday (25/3/2024) at Gondangdia Market, Central Jakarta, the price of garlic has reached the level of IDR 45,000 per kg for the tuber type, and IDR 50,000 per kg for the clove type. This means that within one year the price of garlic has increased by IDR 10,000 per kg, and has never fallen. Idi, a vegetable trader at Gondangdia Market, said that the increase in garlic prices was caused by this commodity coming from imports, not domestic production. So it is not surprising, he said, that the price of garlic continues to move up without ever going down, unlike the case with shallots, which often fluctuate in price. "Today's garlic is Rp. 45,000 (per kg) for the ...

Source: Cnbcindonesia