TEMPO.CO, Jakarta - The Indonesian government is preparing several mitigative measures to control inflation rates, particularly those affecting volatile food prices, as well as production costs that could potentially drive up prices.
Coordinating Minister for Economic Affairs Airlangga Hartarto stated in Jakarta on Tuesday that the government is monitoring several commodities that could influence inflation.
"During the previous period, we saw gold prices surge, but it has since declined. Volatile foods are still on the rise," Airlangga said.
According to him, the government will manage volatile food components to prevent them from putting pressure on inflation. Furthermore, the government said the raising prices of packaging, which also impacts food products, is of concern.
"Therefore, we must properly manage volatile foods, including garlic. And some of them are affected by rising packaging prices. That's what we discussed earlier, and we are requesting the immediate issuance of a Minister of Finance Regulation (PMK)," he said.
Since all food products have plastic packaging, he said, the government must adopt the regulation to manage them, while regulations on petrochemical, LPG, and spare parts have been issued.
Airlangga added that the government hopes these various policies will help mitigate future price pressures. "We hope to level this out going forward," he said.
He explained that the policies waiving LPG and spare parts import duties, which had been issued, is part of the effort to control inflation, considering that the transportation sector, especially aviation, is also a contributing factor.
Read: Which Countries Have the Highest Inflation in 2026?
Click here to get the latest news updates from Tempo on Google News
Which Countries Have the Highest Inflation in 2026?
31 hari lalu
Based on projections from the International Monetary Fund's April 2026 World Economic Outlook, inflation rates vary dramatically across the globe.
ECB Raises Rates to Tackle Inflation Surge
33 hari lalu
The European Central Bank has been moving to rein in inflation after a long pause on rate changes.
Pertamax Price Hike Has Minimal Impact on Inflation, Purbaya Assures
34 hari lalu
Pertamax fuel is not used for freight and public transportation, says the minister.
Indonesia's Purbaya Projects 5.4% Economic Growth in 2026
38 hari lalu
As of the first quarter of 2026, economic growth was recorded at 5.61%, higher than last year's growth of 5.11% year-on-year.
Indonesia's Annual Inflation Forecast to Rise to 3.21% in May
43 hari lalu
Economist projects that Indonesia's annual inflation will rise to 3.21 percent year-on-year in May 2026, up from 2.42 percent in the previous month.
Airlangga: Current Rupiah Weakening Unlike Past Crises
50 hari lalu
Coordinating Minister Airlangga Hartarto defended the current rupiah depreciation.
Trump Inaugurates Kevin Warsh as Fed Chair
52 hari lalu
U.S. President Donald Trump inaugurated Kevin Warsh as Federal Reserve chair on May 22 amid rising inflation linked to the Iran war.
Prabowo Summons Ex-Ministers from 2008 Crisis Era, Seeking Wisdom?
53 hari lalu
Meeting between Prabowo and economic figures discussing past experiences in dealing with current economic conditions.
Top 10 Countries with the Highest Inflation in Europe as of April 2026
56 hari lalu
Amid the geopolitical uncertainty, some European countries had the year's highest inflation rates as of April, pushing as high as 9 percent.
IMF Warns of Middle East War's Impact on the Global Economy
5 Mei 2026
IMF Managing Director Kristalina Georgieva warned that a prolonged Middle East war could hit the global economy harder, with oil at US$125/barrel.
