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Indonesia Pertamax Price Hike

Past coverageEconomy & Trade

One story, 0 countries, 2 papers

This topic isn't active right now. Last covered Jun 14, 2026. See today's headlines.

Indonesia's non-subsidized Pertamax fuel prices have surged, with Pertamax (RON 92) increasing to Rp16,250 per liter and Pertamax Green 95 to Rp17,000 per liter. This move aims to stabilize the rupiah and ease state budget pressure, though it prompts consumers to shift to cheaper alternatives like subsidized Pertalite.

๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia/Indonesian

Pertamax Price Hike's Main Impact is on Purchasing Power, Not Inflation: Indef

The primary consequence of the Pertamax fuel price increase is not inflation but a blow to public purchasing power, according to the Institute for Development of Economics and Finance (Indef). The hike disproportionately affects the middle class, who are the main consumers of this fuel. M. Rizal Taufikurahman, head of Indef's Center for Macroeconomics and Finance, explained that amid rising intereโ€ฆ