SEMBAKO Prices Rise by up to 100% After PLN Rate Hike

SEMBAKO Prices Rise by up to 100% After PLN Rate Hike

SEMBAKO Prices Rise by up to 100% After PLN Rate Hike


BATAM – Batam residents and business owners are complaining about an increase in the price of electricity which has resulted in soaring prices of basic necessities such as rice, vegetables, fish, meat, and chicken.

‘Sembako’ , (the nine staples often used as an inflation indicator-rice, sugar, eggs, meat, flour, corn, fuel, cooking oil and salt) have risen from 15% to 100%. Pantauan Media Indonesia surveyed a number of markets in Batam, Sunday (4 / 7) and found consumers were upset about the high price of basic needs the area, after seeing prices rise by up to 100%.

In one Nagoya market rice prices for Garut brand rice climbed from Rp8.000/kg to Rp9.200, Rambutan brand rice to Rp6.900 from Rp6.000/kg. and the price of red chilies doubled to 60,000 per kg.

Meat prices also increased to Rp57.900/kg from Rp48.000/kg (an increase of 20%). Fresh fish has only risen by about 5% in the same period.

Nurhayati, a redident of Baloi Permata, Batam, stated that 150,000 Rupiah can now only buy a few basic needs. The same amount could previously purchase basic staples for a week

"Prior to July 1, 150,000(IDR) could last us one week, now it lasts only for a few days” she complained. To save on expenses she has had to buy only basic staples such as rice, and spices.

Business owners also state that the price of electricity (TDL-tarif dasar listrik) has triggered a decrease in purchasing power. Food sellers have been forced to raise prices to cover the increase in rent and electricity costs.

"How can we not soon be forced to close if the electricity price climbs. The increase in electric base rates which came into effect July 1 have resulted in soaring prices of staples such as rice and vegetables simultaneously. Incomes have not risen, the result is that this area is plagued by inflation”, stated Sampe Siburian, Chairman of Investment and Promotion at the KEPRI Chamber of Commerce and Industry. (KADIN)

Entrepreneurs in KEPRI (Riau Islands Province) are hopeful that the government will cancel the increase in electricity prices due to the economic burden it is placing on local communities. Rolling back the increase is seen as a way to alleviate the economic problems that have been felt by the public at large.

"We estimate about 1,000 small and medium businesses in Batam will be forced to close if the government does not review the impact of this increase in the price of electricity.”

Media Indonesia Article Here
<span style="font-size: 14pt"><span style="font-weight: bold">SEMBAKO Prices Rise by up to 100% After PLN Rate Hike</span></span><br /> <br /> <img src="http://www.mediaindonesia.com/spaw/uploads/images/article/image/20100705_121046_sembako2.jpg" align="right" alt="" /><br /> BATAM &ndash; Batam residents and business owners are complaining about an increase in the price of electricity which has resulted in soaring prices of basic necessities such as rice, vegetables, fish, meat, and chicken. <br /> <br /> &lsquo;Sembako&rsquo; , (the nine staples often used as an inflation indicator-rice, sugar, eggs, meat, flour, corn, fuel, cooking oil and salt) have risen from 15% to 100%. Pantauan Media Indonesia surveyed a number of markets in Batam, Sunday (4 / 7) and found consumers were upset about the high price of basic needs the area, after seeing prices rise by up to 100%. <br /> <br /> In one Nagoya market rice prices for Garut brand rice climbed from Rp8.000/kg to Rp9.200, Rambutan brand rice to Rp6.900 from Rp6.000/kg. and the price of red chilies doubled to 60,000 per kg. <br /> <br /> Meat prices also increased to Rp57.900/kg from Rp48.000/kg (an increase of 20%). Fresh fish has only risen by about 5% in the same period.<br /> <br /> Nurhayati, a redident of Baloi Permata, Batam, stated that 150,000 Rupiah can now only buy a few basic needs. The same amount could previously purchase basic staples for a week<br /> <br /> &quot;Prior to July 1, 150,000(IDR) could last us one week, now it lasts only for a few days&rdquo; she complained. To save on expenses she has had to buy only basic staples such as rice, and spices. <br /> <br /> Business owners also state that the price of electricity (TDL-tarif dasar listrik) has triggered a decrease in purchasing power. Food sellers have been forced to raise prices to cover the increase in rent and electricity costs. <br /> <br /> &quot;How can we not soon be forced to close if the electricity price climbs. The increase in electric base rates which came into effect July 1 have resulted in soaring prices of staples such as rice and vegetables simultaneously. Incomes have not risen, the result is that this area is plagued by inflation&rdquo;, stated Sampe Siburian, Chairman of Investment and Promotion at the KEPRI Chamber of Commerce and Industry. (KADIN) <br /> <br /> Entrepreneurs in KEPRI (Riau Islands Province) are hopeful that the government will cancel the increase in electricity prices due to the economic burden it is placing on local communities. Rolling back the increase is seen as a way to alleviate the economic problems that have been felt by the public at large. <br /> <br /> &quot;We estimate about 1,000 small and medium businesses in Batam will be forced to close if the government does not review the impact of this increase in the price of electricity.&rdquo;<br /> <br /> <a href="http://www.mediaindonesia.com/read/2010/07/05/153502/126/101/Harga-Sembako-di-Batam-Naik-100-Akibat-Kenaikan-TDL" rel="nofollow" target="_blank">Media Indonesia Article Here</a> <br />
Originally Posted By: Bill Brasky


the price of red chilies doubled to 60,000 per kg.



I'd assume weather/seasonal factors play a larger role here, but a 100% increase sounds dramatic.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Bill Brasky</div><div class="ubbcode-body"><br /> <br /> <span style="font-weight: bold">the price of red chilies doubled to 60,000 per kg. </span><br /> <br /> <br /> </div></div><br /> I'd assume weather/seasonal factors play a larger role here, but a 100% increase sounds dramatic.
this happens frequently: PLN puts up prices by, say, 10%, and all of a sudden market traders put up their prices by the exact same amount! even though electricity comprises a very small proportion of their products' cost structure!

as for chillis, prices for these fluctuate wildly at the best of times.
this happens frequently: PLN puts up prices by, say, 10%, and all of a sudden market traders put up their prices by the exact same amount! even though electricity comprises a very small proportion of their products' cost structure!<br /> <br /> as for chillis, prices for these fluctuate wildly at the best of times.
KuKuKaChu: dangerously too sophisticated

Same thing happens with taxi prices and fuel in many areas.


Sembako prices can vary wildly from day to day or pasar to pasar.

My new indicator system SEMBALI
Dji Sam Soe, teh botol, indomie, minyak kapak and molto.

As good as any.
<br /> Same thing happens with taxi prices and fuel in many areas.<br /> <br /> <br /> Sembako prices can vary wildly from day to day or pasar to pasar.<br /> <br /> My new indicator system SEMBALI <br /> Dji Sam Soe, teh botol, indomie, minyak kapak and molto.<br /> <br /> As good as any.<br />
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