Indonesian Political, Business & Finance News

Medium and Premium Rice Prices Rise Uniformly in August 2026

| Source: VIVA Translated from Indonesian | Economy
Medium and Premium Rice Prices Rise Uniformly in August 2026
Image: VIVA

The Indonesian Central Statistics Agency (BPS) recorded a uniform increase in rice prices in August 2026, affecting both the medium and premium categories.

Ateng Hartono, the Deputy for Distribution and Services Statistics at BPS, stated that average rice prices at the milling, wholesale, and retail levels experienced an upward trend. On average, rice prices at the milling level rose by 1.32 per cent month-to-month (mtm) and 5.52 per cent year-on-year (yoy).

When broken down by quality at the milling level, premium rice prices rose by 1.22 per cent (mtm) and 10.07 per cent (yoy), while medium rice prices increased by 1.48 per cent (mtm) and 4.03 per cent (yoy). “Therefore, on a year-on-year basis, the increase for premium rice was higher than that of medium rice,” said Ateng.

Notably, the upward price trend for both medium and premium rice has been ongoing since February 2026. Regarding price developments at the wholesale and retail levels in August 2026, the wholesale level experienced inflation of 0.80 per cent (mtm) and 4.28 per cent (yoy). At the retail level, inflation stood at 0.42 per cent (mtm) and 2.77 per cent (yoy). “For your information, the rice prices we are reporting are average prices covering various qualities and all regions across Indonesia,” Ateng added.

Meanwhile, the national Farmer Terms of Trade (NTP) stood at 129.19 in August 2026, an increase of 1.05 per cent compared to July 2026. This rise in NTP occurred because the index of prices received by farmers (It) rose by 1.14 per cent to 165.66, which was higher than the increase in the index of prices paid by farmers (Ib) of 0.09 per cent to 128.24.

The commodities predominantly influencing the increase in the national price index received by farmers included unhusked rice (gabah), palm oil, rubber, and broiler chickens. Meanwhile, commodities affecting the price index paid by farmers included broiler chicken meat, rice, long beans, and kidney beans.

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