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Horticulture import restrictions contribute to inflation |
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Indonesia
TEMPO Interactive, Bandung: Lucky Fathul Aziz Hadibrata, a member of the West Java Inflation Control Coordinating Forum, suspects there will be hoarding following the implementation of restrictions on imported horticulture products.
“We should be vigilant in regard to the delay. Someone’s hoarding,” said Lucky on Tuesday.
Horticulture imports are now limited to three ports and one airport. The director of Bank Indonesia’s Region IV office in Bandung said the implementation of Ministerial Decree No.15 and 16/2012 were expected to lead to higher prices for imported horticulture products that cannot be produced domestically.
“We are reviewing the possibilities in order to minimize inflation,” said Lucky.
Lucky’s said the policy would extend product distribution lines for customers in West Java as the products are usually delivered to Tanjung Priok Port, Jakarta.
It is expected that the higher price of horticultural product will contribute to inflation rates in West Java with Lucky estimating an increase from 0.1 to 0.3 percent.
By Ahmad Fikri
Tempo Interactive
27 June 2021
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