Indonesian Food Prices Show Significant Decline in Early 2026

National Food Price Trends

The National Food Agency (Bapanas) reported a widespread decline in national food prices across major commodities in early 2026. As of January 9, 2026, the data showed significant price movements in various food categories.

Rice Price Movements

• Premium rice prices decreased by 0.14% to Rp15,497 per kilogram
• Medium rice prices dropped by 0.03% to Rp13,526 per kilogram
• SPHP rice weakened by 0.14% to Rp12,446 per kilogram
• Medium non-SPHP rice remained stable at Rp13,831 per kilogram
• Local specialty rice stayed at Rp15,829 per kilogram

Market Implications

The decline in food prices across various categories indicates relatively loose supply conditions at the national level. This price movement was observed in multiple strategic commodities including rice, horticultural products, and animal protein. The stable prices of certain rice variants suggest maintained demand in specific market segments.

Economic Context

The price stability in Indonesia's food sector during early 2026 reflects effective supply chain management and adequate inventory levels. This situation is crucial for maintaining consumer purchasing power and controlling inflationary pressures in the economy.