Key insights and market outlook
The National Food Agency (Badan Pangan Nasional) reported that rice prices have decreased in 152 regencies/cities across Indonesia. Head of the agency, Andi Amran Sulaiman, stated that this number has dropped from the previous 200 regions where prices exceeded the Highest Retail Price (HET). Currently, 48 regions remain with rising rice prices. The agency has deployed personnel from Bapanas, Dirkrimsus Polri, and Bulog to these areas to monitor the situation.
The National Food Agency (Badan Pangan Nasional) has announced a significant reduction in rice prices across 152 regencies/cities in Indonesia. According to Andi Amran Sulaiman, the head of the agency, this development marks a substantial improvement from the previous situation where 200 regions were reporting prices above the Highest Retail Price (HET).
As of the latest update, 48 regions continue to experience rising rice prices. In response, the agency has taken proactive measures by deploying personnel from Bapanas, Dirkrimsus Polri, and Bulog to these areas. This strategic move aims to closely monitor the situation and implement necessary interventions to stabilize prices.
The National Food Agency's efforts are part of a broader government initiative to control food prices and ensure market stability. By actively monitoring price movements and deploying resources to critical areas, the agency is working to prevent further price escalation and maintain food security across the country.
Rice Price Reduction
Government Market Intervention