Sibolga City Inflation Release Event May 2024

Monday, 03 June 2024, at 14.00-15.00 WIT, a release of the inflation situation for the City of Sibolga for May 2024 was held. The activity was held in the meeting room on the 2nd Floor of the Sibolga City BPS Office. In this release, BPS Sibolga City invited members of the Regional Inflation Control Team (TPID) and LPP RRI Sibolga. Members of the Sibolga City TPID were present, namely: Head of the Sibolga City KPPN, Andres Leiman Silalahi; Head of Bulog Sibolga Sub-Branch, Afrinaldi Sinaga; Representatives of the Sibolga City Industry and Trade Service, Sibolga City Regional Development Planning Agency Representatives, and Sibolga Bank Indonesia Office Representatives as well as the Head of the Sibolga City RRI LPP, Yanni Peter Latuheru.

The event began with remarks from the Head of Sibolga City BPS, Sabar Alberto Harianja. Followed by the inflation release for May 2024, Sibolga City. In May 2024 m-to-m monthly inflation will be 0.33 percent with the main commodities contributing to monthly inflation being red chilies, shallots, mackerel/bloated fish, gold jewelry and hand-rolled kretek cigarettes (SKT). Annual inflation y-o-y in May 2024 is 4.15 percent. The main commodities contributing to annual inflation are red chilies, rice, shallots, machine-made kretek cigarettes (SKM), and gold jewelry. Meanwhile, the main commodities that contribute to annual deflation are skipjack fish/scale fish, teter fish, lemongrass fish, tuna fish/ambu-ambu fish, and disposable baby diapers/diapers.

After the release of inflation, discussions continued on controlling inflation by stakeholders in Sibolga City. Disperindag stated that it routinely monitors the prices of basic goods needs in Sibolga City in 2 markets, namely Nauli Market and Inpress Market. "Indeed, the price of red chilies fluctuates in the market," he added. Andres Leiman Silalahi, KPPN Sibolga appreciated this activity. This is in line with the role of KPPN in monitoring and evaluating inflation. He explained the role of the APBN in controlling inflation by monitoring fiscal spending related to handling inflation.

Bulog Sibolga provided an explanation regarding rice experiencing deflation this month. This is because many areas have already harvested rice, such as in Padangsidimpuan and Central Tapanuli. Afrinaldi Sinaga explained that there was food aid so that the supply of rice on the market was sufficient and guaranteed. Bank Indonesia Sibolga informed that the increase in shallots was based on observations of crop failures in several areas due to weather influences. Next, there is a need to discuss fish prices and be more focused, so that fish prices are more stable. Yanni Peter Latuheru, Head of RRI Sibolga, stated that according to his function, he is ready to report on inflation to the public and invite stakeholders to utilize RRI's multi-platform media in conveying information about inflation to the public.

At the end of the event, the Head of the Sibolga City BPS Price Statistics Team, Walter Situmeang, presented the latest information on developments in prices of basic necessities in the first week of June 2024. Also present were the Sibolga City BPS Consumer Price Survey Supervisors, namely: Leandro Pandapotan Marpaung and Christ Egy Natama Pardede.

Horas, Oii Dusanak.

By LPM