Inter-regional trade can control inflation: BI

Inter-regional trade can control inflation: BI

President Joko Widodo (second left) accompanied by Bank Indonesia Governor Perry Warjiyo (left) presented tokens of appreciation to Regional Inflation Control Team members in Jakarta in July 2018. (ANTARA /Puspa Perwitasari)

Padang (ANTARA News) - Bank Indonesia (BI) representative of West Sumatra has encouraged the implementation of strategic food commodity trade among the regions as an effort to control inflation.

"The district and city government in West Sumatra is committed to making it happen by conducting trials with several district cities, as agreed at the Regional Inflation Control Team (TPID) meeting," Head of West Sumatra Representative of West Sumatra, Endy Dwi Tjahjono, said here on Thursday.

According to him, strategic commodities that are of concern in inter-regional trade and that often triggered inflation are chicken meat, red onion, and red chili.

In addition, the West Sumatra TPID is committed to truly control inflation in the second semester of 2018 by ensuring that the commodities triggering the availability are sufficient, he remarked.

Secretary of the Padang Pasar Raya Chicken Farmers Traders Association, Rajabman, noted that since the first week of July 2018, there was an increase in the price of chicken eggs, reaching Rp1.6 thousand from the normal price of Rp1.3 thousand, and chicken meat from Rp24 thousand to Rp31 thousand per kilogram .

According to Rajabman, there was insufficient supply when the price of broiler chicken was Rp31 thousand. Therefore, he called on the government to stabilize the prices.

He admitted that due to the increase in chicken meat prices, there was a drop in the number of buyers as they considered it too expensive.

However, based on monitoring at Pasar Raya Padang, the price of chicken eggs has currently fallen from Rp1.6 thousand to Rp1.3 thousand and chicken meat has fallen from Rp31 thousand to Rp24 thousand per kilogram. *** 3 ***

Reporting  by Ikhwan Wahyudi
Editing by Eliswan Azyly