Trade Minister: Staple Food Prices are Now Stable
By : Nata Kesuma | Tuesday, September 27 2022 - 14:20 IWST

Podkabs Episode 7 with Minister of Trade Zulkifli Hasan (Photo by: Oji/PR)
INDUSTRY.co.id - Minister of Trade Zulkifli Hasan has said that staple food supply is sufficient with stable price.
“This is the task given by President Joko “Jokowi” Widodo, to maintain the price and supply of staple foods,” he said in a press statement on 100 Days Performance, Sunday (09/25), at the Office of Ministry of Trade, Jakarta.
He went on to say that the price of bulk cooking oil, which previously increased, is now stable with the highest retail price of Rp14,000 per liter and is available in all provinces throughout the country. On September 21, 2022, the national average price of bulk cooking oil was even recorded at Rp13,800 per liter. In addition, cooking oil under the MINYAKITA brand is available in 33 provinces, including East Nusa Tenggara, Papua, and West Papua at prices according to the highest retail price.
“I promised the President that within one month I will lower the cooking oil price so that it is affordable for the people. Alhamdulillah, within two weeks of my assignment, the price of simple packaged cooking oil began to drop,” said Zulkifli.
Not only cooking oil, the price of other staple foods also experienced a significant decrease compared to that in June 15, 2022. The prices of ten staple foods that fell down were beef, large red chilies, curly cayenne pepper, red cayenne pepper, broiler meat, shallots, garlic, simple packaged cooking oil, granulated sugar, and bulk cooking oil.
“So the prices of staple foods are stable to this day. However, there is a slight increase now for rice,” he added.
Previously, in the Cabinet Secretariat Podcast (Podkabs) Episode 7, the Minister explained that one of the keys to controlling the prices of staple foods is to know the problems down to the micro level, not just macro.
“You have to go down, go to the market to hear what’s really going on, see the root problems, listen to the public’s complaint, [find information on] the supply chain, the distribution chain, and others. This [policy] can indeed be effective if we understand the root problems. Only then we can make effective decisions,” said Zulkifli at the Podkabs.
Read Also
Growing Above Industrial Average, CLEO Strives for Innovation
Aggressive Tactics Boost Brand Awareness, CLEO Achieves Record- Breaking…
SKB Food Boss Eko Pujianto and Six Other Young Entrepreneurs Ranked…
A World of Festivals awaits at Marina Bay Sands
Maintaining a Consistent Growth Trajectory, CLEO Records a YoY Net…
Today's Industry

Selasa, 26 September 2023 - 07:45 WIB
ESSA Secures Gas Contract Extension for LPG Refinery
PT Surya Esa Perkasa Tbk. (ESSA: IJ), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant today (22/9) announced…

Selasa, 26 September 2023 - 06:45 WIB
ALDO Strengthens PT Eco Paper’s Business of Recycled Brown Paper Production
PT Alkindo Naratama Tbk (ALDO), a listed company engaged in the integrated paper and chemical business, plans to inject additional working capital of around IDR 40 billion into its subsidiary…

Kamis, 14 September 2023 - 15:15 WIB
INOV Poised to Absorb PET Recycling Market Potential
The prospects of PT Inocycle Technology Group Tbk ("INOV") a public company in the field of recycling plastic (PET) bottle waste into Recycled Polyester Staple Fiber (Re-PSF), looks bright for…

Senin, 11 September 2023 - 09:07 WIB
Indonesian Cuisine, Cultural Performances Enliven Gala Dinner of 43rd ASEAN Summit
President Joko “Jokowi” Widodo and First Lady Iriana Jokowi hosted a gala dinner for leaders of ASEAN member states, partners, and international organizations at Hutan Kota restaurant in…

Senin, 11 September 2023 - 07:45 WIB
ASEAN, UN to Enhance Cooperation in Maintaining Regional Peace
On the margin of the 43rd ASEAN Summit, President Joko “Jokowi” Widodo Thursday (09/07) hosted Secretary-General of the United Nations António Guterres in a bilateral meeting at the Kakatua…
News Comment