10/02/2016

The Cigarette Price Increasing pushes the inflation

The Cigarette Price Increasing pushes the inflation


Sri mulyani has officially ratified the increase of cigarette prices and the average of increasing is 10.54%.The economist inclues the cigarette prices as the non food factor that pushes the inflation rate of 0.22% in this month of september 2016.

The central statistic agency(BPS) of 0.22% in this months is caused by non food prices rising such as clove cigarettes 0.02%, rising home rental at rate 0.03% and also the red chilli of which its price increase is aroud 18%.

Some cigarette clove company for instance pt sampoerna tbk has adjusted the policy to increase its products prices. The selling price of cigarettes is also adjusted following the excise decision of government.

In this new policy mentions the highest rate increase amounted to 13.46 per cent for the type of tobacco product White Cigarettes Machine (SPM) and the lowest is 0 percent for tobacco products Clove Cigarettes Hand (SKT) class IIIB, with the increase in the weighted average of 10.54 per cent. in addition to the rate increase, also increase in retail selling price (retail price) with an average of 12.26 percent, "said Finance Minister Sri Mulyani in the Building Directorate General of Customs and Excise, Jakarta, Friday (30/9/2016 )

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