Hello #SahabatData
Monday (04/11/2024), as a member of the OKU Regency Regional Inflation Control Team, the OKU Regency BPS has a role in maintaining and improving inflation control in OKU Regency. One of the routine activities carried out by the TPID is attending a virtual inflation control coordination meeting held by the Indonesian Ministry of Home Affairs which was broadcast in the Assistant II Room of the OKU Regional Secretariat. The meeting was attended by the Head of the Economic Section, Head of the Service, Head of BUMD and Head of vertical OPD or their representatives. The speakers for this meeting came from various agencies such as BPS RI, the Presidential Staff Office, the Ministry of Trade, the Ministry of Agriculture, BULOG, the Indonesian Attorney General's Office. POLRI, etc.
This meeting discussed the evaluation of commodity price developments that affect inflation. Pertamina again adjusted the price of non-subsidized fuel in October 2024. Pertamax fell by around 6-7 percent. In October 2024, the Ministry of Agriculture noted a decrease in shallot production. The upward trend in world gold prices continues. The decline in interest rates makes other investment alternatives such as bonds less attractive, making gold the main choice. Global conflict increases demand for safe assets such as gold. Gold jewelry, broiler chicken and shallots are the commodities that predominantly contribute to m-to-m inflation in October 2024. Gasoline, red chilies and cayenne peppers are the commodities that predominantly contribute to m-to-m deflation in October 2024.
Based on the Price Development Index for the 5th week of October 2024, the OKU Regency IPH experienced inflation of 0.17 percent. The commodities that contributed the most to changes in the OKU Regency IPH were broiler chicken, cooking oil and shallots. The local government needs to be aware of these commodities so that there is no significant increase in prices.
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