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"said the deputy head of the representative of the Indonesian Bank of East Java Province at the high-level meeting of the TPID in the province of East Java, Harmanta in his statement in Surabaya, Saturday (19659002) He indicated that the price of some products such as sugar, cooking oil, eggs, chicken and chilli in Ramadhan and Lebaran 2018 was lower than in the previous year
. National Strategic Food Price Information (PIHPS) as of June 25, 2018 also shows the development of the baby price such as rice, wheat flour, cooking oil and crystallized sugar are stable even for the rice products, registered a downward trend
"If we look at the historical pattern in recent years, the price movement in 2018 will be more` (subtle) compared with the previous year, where prices can change significantly every day.In addition, the level of commodity prices in the province of East Java is still lower than that of other provinces with more stable volatility.June 2018 (before Idul Fitri) is the meat of chicken, beef and cayenne pepper that shows a considerable rise in prices in all cities / districts of the IPC
Meanwhile, in Surabaya recorded a deflation for 30 controlled products [19659002] "The decline in rice and chicken egg prices that continued in June became the main cause of deflation in Surabaya. Lower prices – both products have also occurred in other regions, but to a lesser extent, "he said.
Previously, East Java's inflation at the beginning of Ramadhan (May ) 2018 was much lower than the same period.The last five years are 0.17 percent or less than the average inflation of recent years in the early to mid-Ramadhan periods which reached between 0.36 percent and 0.60 percent.
Reporter: A Malik Ibrahim
Publisher: Ruslan Burhani
COPYRIGHT © ANTARA 2018
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