{
    "success": true,
    "data": {
        "id": 1688495,
        "msgid": "skyrocketing-non-subsidised-diesel-prices-here-are-the-domino-effects-1776675069",
        "date": "2026-04-20 14:50:00",
        "title": "Skyrocketing Non-Subsidised Diesel Prices: Here Are the Domino Effects",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "The sharp rise in non-subsidised diesel prices, particularly Pertamina Dex by 60%, is set to trigger a domino effect on Indonesia's economy, including heightened inflationary pressures from energy and food sectors, as well as increased logistics costs that will pass on to consumers. Experts warn that without government compensation for industries and logistics firms, retail prices for goods and services could surge, potentially curbing middle-class spending and slowing tourism growth. Projections suggest economic expansion could dip below 5% to 4.7% in 2026, driven by global market dynamics and geopolitical tensions influencing fuel and LPG prices.",
        "content": "<p>Jakarta, CNBC Indonesia - Executive Director of the Center of\nEconomic and Law Studies (CELIOS), Bhima Yudhistira, assesses that the\nincrease in non-subsidised fuel oil (BBM) and LPG prices will trigger a\ndomino effect, from inflationary pressures to a slowdown in economic\ngrowth.<\/p>\n<p>According to Bhima, the surge in non-subsidised energy prices will\ndirectly transmit to inflation, both in the energy sector and food. For\nexample, the rise in BBM prices such as Pertamax Turbo could shift\nconsumer consumption to cheaper BBM types like Pertamax.<\/p>\n<p>\u201cBut on the other hand, what is somewhat concerning is the 60%\nincrease in Pertamina Dex, even though Pertamina Dex is also used for\nindustrial machinery, heavy equipment, and many logistics trucks use\nPertamina Dex,\u201d Bhima told CNBC Indonesia on Monday (20\/4\/2026).<\/p>\n<p>Bhima believes the increase in Pertamina Dex BBM will drive up\nlogistics costs, which will ultimately be passed on to the prices of\ngoods and services at the consumer level. As a result, inflationary\npressure will not only come from energy but also spread to the food\nsector and daily consumption.<\/p>\n<p>\u201cNow, one thing the government must pay attention to is providing\ncompensation to industries and logistics business players; otherwise,\nprices at the retail level or for consumer products\u2014goods or\nservices\u2014will be higher,\u201d Bhima said.<\/p>\n<p>From the consumption side, the middle class is expected to start\nholding back on spending and focus more on basic needs. The tourism\nsector is also deemed potentially affected due to rising transportation\nand consumption costs, such as vehicle rentals as well as food and\nbeverage prices.<\/p>\n<p>\u201cTourism will also be impacted; the tourism sector will slow down\nmore because of car rental costs. Food and drink costs will also rise,\nand economic growth could be below 5%, with a projection of 4.7% in\n2026,\u201d he said.<\/p>\n<p>Corporate Secretary of PT Pertamina Patra Niaga, Roberth MV\nDumatubun, explained that the adjustment of non-subsidised BBM prices is\ninfluenced by global market price dynamics and geopolitical conditions.\nThe same applies to the increase in non-subsidised LPG prices.<\/p>\n<p>\u201cThe adjustment of LPG NPSO (Non-Subsidised) prices is more or less\nthe same as BBM NPSO, influenced by market prices and current\ngeopolitical conditions,\u201d Roberth told CNBC Indonesia on Monday\n(20\/4\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/skyrocketing-non-subsidised-diesel-prices-here-are-the-domino-effects-1776675069",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}