PRESS RELEASE Public Relations Center Building I 2nd Fl, Jl. M.I Ridwan Rais No. 5, Jakarta 10110 Tel: 021-3860371/Fax: 021-3508711 www.kemendag.go.id Price and Supply of Staple Goods D-2 to Fasting Month Secure Jakarta, 27 June 2014 – The Coordinating Minister for Economic Affairs, Chairul Tanjung, together with The Indonesian Minister of Trade, Muhammad Lutfi, the Minister of Agriculture, Suswono; the Minister of StateOwned Enterprises, Dahlan Iskan; and the Chairman of Indonesian Bureau of Logistics (BULOG), Ali Moesa; member of the Commission VI of the Indonesian House of Representatives, Edi Kuntadi; and a representative of the Chamber of Commerce and Industry of DKI Jakarta, Sarman Simanjorang, today, Friday (27/6) conducted a review of prices, supply, and availability of staple goods directly at Kramat Jati traditional market and Kramat Jati Central Vegetable Market in East Jakarta. The review was done to maintain stability of prices and availability of people’s staple goods especially during the fasting month of Ramadan and Eid al-Fitr 2014. “We will continue to strive to ensure that supply of staple goods are always sufficiently available in markets so that prices remain stable. People are also expected to not shop excessively ahead of Eid al-Fitr because it can also trigger increase in prices,” said the Trade Minister. Entering the fasting month of Ramadan, several prices of staple goods at Kramat Jati Traditional Market have been relatively stable for the past three days. This condition is supported by the sufficient supply of staple commodities such as rice, cooking oil, flour, granulated sugar, chicken eggs, chicken meat, beef, red chilies, and shallots. It is hoped that this condition of sufficient supply and availability can be maintained until the day before and the days after Eid al-Fitr. After visiting several kiosks selling staple goods at Kramat Jati Traditional Market, the Trade Minister found that the price of broiler chicken eggs at the market was IDR 19,500/kg. “This price is lower than the average price of broiler chicken eggs at the national level, which is currently at IDR IDR 20,755/kg,” he explained. According to the Trade Minister, the same can be said of granulated sugar and cooking oil which are being sold at IDR 11,000/kg and IDR 11,364/liter respectively in this market, lower than the national average price of IDR 11,262/kg and IDR 11,579/liter respectively. Furthermore, the Trade Minister emphasized that the Ministry would continue to monitor the flow of staple goods distribution to anticipate price increases ahead of Eid al-Fitr. “We will intensify monitoring of prices and supply continuously and also increase coordination with all related institutions as well as entrepreneurs that play a role in price stabilization and supply availability. Besides that, the Ministry of Trade together with Regional Trade Offices and entrepreneurs will continue to hold Discount Markets throughout the fasting month in various cities across Indonesia,” said the Trade Minister. After reviewing the Kramat Jati Traditional Market, the Trade Minister and group continued to review the Kramat Jati Central Vegetable Market. The review was done to know about the price development and supply sufficiency of fresh horticultural food commodities such as chilies, shallots, and garlic because Kramat Jati Central Market is the barometer of price development for those commodities in DKI Jakarta. Almost 65% or 99 markets out of the total 152 markets in DKI Jakarta are sourced from this central market, so the effect of this market on the development of prices in other traditional markets throughout the Jabodetabek (Jakarta, Bogor, Depok, Tangerang, and Bekasi) area and its surroundings are very significant. In this year’s Ramadan and Eid al-Fitr, said the Trade Minister, people need not worry as they did previous years. This is because prices and supply of horticultural commodities that people often consume such as chili, shallots, garlic, and vegetables at Kramat Jati Central Market are still within normal limits. This condition is supported by the fact that several production center areas are currently going through a harvest season. “What is most important is that supply and availability is sufficient. Even though prices there are currently price increases, they are still within normal limits,” the Trade Minister emphasized. Based on the Ministry of Trade’s observations, the price of red curly chili and red bird’s eye chili have increased by 7.14% and 11.11% respectively as of 26 June 2014 at Kramat Jati Central Market. This increase is compared to prices on the previous day, which were at IDR 7,500/kg and IDR 10,000/kg. Meanwhile, price of big red chili remains stable at IDR 10,000/kg. Supply of chilies at Kramat Jati Central Market as of 26 June 2014 was at 140 tonnes, down 28.21% from the previous day. The normal supply of chilies range between 150-200 tonnes/day. “The supply of chilies for Ramadan and Eid al-Fitr is confirmed to be sufficient given that supplier regions such as West Java, Central Java, and East Java are experiencing their harvest season,” said the Trade Minister. We will also strive to minimize price increases. The Central Government, Regional Government, and entrepreneurs, in welcoming the month of Ramadan and Eid al-Fitr, have prepared to collaborate by holding Discount Markets and Market Operations in various points throughout Indonesia,” he added. The Trade Minister also hopes that this sufficient availability of staple goods can be maintained continuously. “Particularly for the price of red bird’s eye chili, in line with the increase in supply to markets and the declining trend of prices at the consumer level, it is hoped that it will not have an effect on inflation of certain groups of staple food commodities in June 2014,” said the Trade Minister. Data of Prices of Staple Goods on a National Scale Prices of some staple goods as of 26 June 2014 (2 days before Ramadan 2014) were relatively stable compared to prices of the previous week. Some prices that stood out were that of broiler chicken meat (IDR 31,724/kg), big red chili (IDR 18,657/kg), red bird’s eye chili (IDR 25,157/kg) and shallots (IDR 27,283/kg), which all experienced an increase but at levels that are still tolerable. Meanwhile, prices of other commodities such as rice, granulated sugar, cooking oil, flour, beef, broiler chicken eggs, curly red chili and garlic were relatively stable. The Trade Minister added by saying that in general, prices of staples goods up to today were still relatively stable with only a few commodities experiencing an increase. What needs to be anticipated is the high increase in demand ahead of the fasting month and Eid al-Fitr 2014 because that would indirectly have an effect on the increase of prices. However, the Trade Minister emphasized once again that availability of supply until Eid al-Fitr was sufficient. --end-For further information please contact: Ani Mulyati Head of Public Relations Center Ministry of Trade Tel/Fax: 021-3860371/021-3508711 Email: [email protected] Retno Rukmawati Director of Staples and Strategic Goods Directorate General of Domestic Trade Ministry of Trade Tel/Fax: 021-3858210/021-3858214 Email: [email protected]
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