Normally, September should have entered the rainy season. And usually the rainy season starts at the beginning of the month. But currently, in September, there are only signs of the arrival of the rainy season. Because even though a few days ago there was rain coming to my area. But there are no signs of rain again. Maybe this year's rainy season will start in October. And farmers have been waiting for this.
But now there are things to worry about that will impact price changes on a global scale. Namely, there is news that the price of oil and gas has increased again. But fortunately the increase is not that high. So the impact is not yet felt.
The news of an increase in fuel prices is not just a rumor but has actually been implemented now. And actually the increase has occurred since September 1. I don't know about your area, but in my area the increase has occurred since September 1st. Where the fuel increase actually only applies to non-subsidized fuel. And the increase that occurred was actually quite high, namely around 10 percent for each type of fuel oil.
And clearly this increase has caused transportation costs to increase. Not only that, you have to check the prices of snacks in traditional markets. You will be surprised at the increase that occurs. But there are some products that choose not to increase prices. But they reduced the contents of their products. So it's the same.
Sourch:
rejabar.republika.co.idYou are right, it turns out that this is an increase for non-subsidized fuel only. Meanwhile, the price of fuel which is subsidized by the government does not appear to have increased significantly. Only a few percent. I mostly use subsidized fuel so I didn't realize the increase in non-subsidized fuel which has actually gone up as you said. I think in our country every year fuel prices never stop increasing. So it is not surprising that the prices of basic necessities will not stop increasing. I think the value of the fiat that we currently hold is slowly continuing to decline in value. And this convinced me not to keep my savings in fiat.
If one pays closer attention, even now the Rupiah exchange rate against the Dollar is also weakening. But usually this will go up and down at certain periods. But currently 1 Dollar is still staying at a level above Rp. 15,000 Rupiah for quite a long time. This could indicate a sign regarding the Indonesian economy.
But I'm not too worried about that. Because I am more worried about the climate which is still hot in my area. And because I shop at the market quite regularly, I keep paying attention to market prices and sometimes see the stock of certain types of food starting to decline. The price is rising because availability is not commensurate with customer demand. I even have to water some of the vegetables that I plant in my yard at home regularly. One day I forgot to water the plants and the next day my plants turned blonde due to the heat. So now I even started shopping for vegetables from the market. Even though I usually have vegetables available in my small garden.
Even though there was rain in my area. But that was a few weeks ago. And only light rain which seems to be the same in many other areas too. But unfortunately until now the weather is actually getting hotter here. But it doesn't seem as hot as where you are. Because it seems like your place is very hot so the vegetables can turn yellow in just one day. that doesn't happen in my area. Maybe you are in the lowlands where the climate usually feels hotter. Meanwhile, my area is in the highlands.
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Thank you all for the replies, information and long discussions on this topic that I have created. But I will lock this topic. Because it seems like some of the discussions have started to spread in a direction that can make it go off topic. To anticipate this, I will close this topic temporarily. And maybe I will reopen it when I need the same answer regarding the same topic in the future.
Thank you to all of you.