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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Indonesia: Pertamax fuel prices surge, prompting public shift to cheaper alternatives

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Pertamina has raised the price of Pertamax (RON 92) from Rp12,300 to Rp16,250 per liter and Pertamax Green 95 from Rp12,900 to Rp17,000 per liter, effective June 10.
  • Consumers like Alvin in Semarang are complaining about the sudden increase and considering switching to cheaper Pertalite fuel.
  • Concerns are rising about potential public unrest and inflation due to the fuel price hike and global economic uncertainty.

Indonesian fuel prices have seen a significant increase, with Pertamina adjusting the retail price of its non-subsidized Pertamax (RON 92) fuel from Rp12,300 to Rp16,250 per liter. Pertamax Green 95 (RON 95) also rose from Rp12,900 to Rp17,000 per liter, effective June 10.

Yesterday the price was still in the 12 thousands, now it has increased, that's a bit excessive by the government

โ€” AlvinA Semarang resident reacting to the sudden increase in Pertamax fuel prices.

The sudden and substantial hike has drawn criticism from the public. Alvin, a 26-year-old resident of Semarang, expressed shock at the price adjustment, calling it "excessive." He noted that while Pertamax provides a smoother engine performance for his Yamaha Nmax motorcycle, the new price might force him to switch to the cheaper Pertalite, despite potential impacts on engine smoothness.

But the important thing is that the expenses will decrease

โ€” AlvinAlvin explaining his potential switch to Pertalite due to cost savings.

Alvin voiced concerns about the broader economic implications, including potential price surges for other goods and the impact of global conflicts. He worries that the situation could become uncontrollable and potentially lead to large-scale public demonstrations. He hopes the government will implement more public-friendly policies, especially for lower-income citizens, and reallocate non-essential funds to more pressing needs.

Maybe the situation can become uncontrollable in the future. The worst part is that the public might demonstrate on a large scale

โ€” AlvinAlvin expressing concerns about public reaction to the fuel price hike.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.