Too much or not enough
Too much or not enough
Although inflation in August was at 0.89 percent, which is
lower than the 1.37 percent we saw in July, the rise in the price
of food alone is a high 1.46 percent.
This price hike is primarily caused by the 5.27 percent
increase for rice, which was due to the drought. The government's
move to increase the supply of rice in the marketplace has helped
tone down prices.
We do not know when the drought will end -- although rain has
come in a number of regions and has even caused a flood in Aceh.
As we all know, flood is another evil that can put inflation in
high gear.
Weather matters aside we still have to be prudent in
controlling inflation.
-- Suara Karya, Jakarta