Purbaya says premium fuel hike to have 'minimal' inflation impact
Jakarta, June 10 -- Indonesia's recent price hike for non-subsidized Pertamax fuel will have a limited impact on national inflation, Finance Minister Purbaya Yudhi Sadewa said Wednesday, as the fuel is mostly used by private vehicles.
Speaking at the Parliament Complex, Purbaya emphasized that the premium fuel is not a driver for core transit costs.
"(The impact on inflation) should be relatively minimal, right? Because Pertamax is not used for freight or public transportation," Purbaya stated.
When questioned about potential changes to subsidized fuel quotas, Purbaya declined to comment, noting that full authority rests with Energy and Mineral Resources Minister Bahlil Lahadalia.
The comments follow an announcement from Pertamina Pat...
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