TPID: Food Supply until December is Safe

Our stock is enough for the next few months, including basic needs

Coming to the end of 2019, the Jakarta regional inflation control team (TPID) has coordinated and anticipatory steps to prepare for the supply of strategic commodities in Jakarta. That is by monitoring food supplies such as rice, eggs, chicken meat, beef and spices.

Until now, the availability is still very sufficient for demand. TPID ensured that the PT Food Station Tjipinang Jaya, Perumda Pasar Jaya and PD Dharma Jaya have calculated and prepared supplies according to conditions, even more than its needs. Food distribution channels and basic needs have also been prepared thus they are easily accessible to the community.

Ahead of Christmas and New Year, TPID Holds Meeting to Ensure Availability of Food Stock

They intensively monitor food products in markets in a bid to anticipate hazardous substances and expand access to cheap subsidized food. To support the distribution and transportation process, everything has been prepared to facilitate its smooth operation. While the LPG, the Pertamina and Hisawan Migas ensured that the supply and its stock is safe and at any time can be increased according to the real needs in the community.

Jakarta Governor Anies Baswedan appreciated the steps taken by TPID. He is optimistic that this number will remain stable until the end of the year.

"Our stock is enough for the next few months, including basic needs. Alhamdulillah our prediction was accurate from this one year. InsyaAllah, prices are controlled this year. By the end of this year, we will have complete information about the fourth quarter of 2019 inflation and economic growth in the IV quarter," he expressed after a coordination meeting in the rapim room, at Jakarta City Hall, as quoted by Jakarta PPIDs press release, Wednesday (12/11)

The TPID also innovates in maintaining supply and distribution through a variety of distribution channels, namely use of Rice Milling Unit (RMU), JakGrosir, Mini DC and JakMart that will have an impact on efficiency in food trade system.

They also made a cooperation agreement to purchase commodities such as chicken eggs, chicken meat, beef, etc. It provides great benefits for the production center area to provide market certainty and with sufficient margins thus it triggers incentives that keep production going.

Further, communication between the TPID members and the community gives confidence that price monitoring continues thus the necessary policies can be carried out at the right time.

As for the information, the Consumer Price Index (CPI) inflation in Jakarta is low and stable. In November, its amount reached 0.19 percent (mtm) or lower rather than in October by 0.21 percent.

Seeing that progress, IHK inflation for the calendar year to November was recorded at 2.92 percent (ytd), or on an annual basis at 3.53 percent (yoy). It is in line with the 2019 national inflation target of 3.5 percent +/- 1 percent.

This achievement was achieved thanks to the solid coordination of inflation control conducted by TPID Jakarta, which will also have a positive impact on efforts to strengthen the momentum of economic recovery and improve people's welfare.

Strengthening coordination between the Jakarta Provincial Government and the Central Government through TPID, Bank Indonesia, and existing forums will continue to be improved. It needs to be done.

Jakarta Bank Indonesia Head Hamid Ponco Wibowo assessed, the key strategies to deal with the inflation rate in the capital are the synergy, innovation and communication carried out by the TPID.

"Considering price control needs cooperation and synchronization of policy steps from the central to regional levels and a strong commitment in implementing policies that have been decided. In the future, steps and concrete policies will be made in a bid to smoothen the inflation control strategy," he explained.

One of them is 4K framework (Price Affordability, Supply Availability, Smooth Distribution and Effective Communication). In addition, price development in the market and government policies must also be monitored to stabilize and support the national inflation target, which is targeted to decline, which is 3 percent ± 1 percent.

The level of public demand is also predicted to not experience a significant increase, and estimates of the increase in demand at the end of the year have been prepared.