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    Stabilization of Food Prices Encourage Investor Growth

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    BANDUNG - Competition Supervisory Commission (KPPU) appreciated the positive impacts from the performance of the Task Force Team formed by Indonesia Chief Police (KAPOLRI), Ministry of Agriculture and Ministry of Trade during Ramadan fasting month and Eid Al-Fitr 1438. 

    KPPU Chairman Syarkawi Rauf said, the stability of the selling price and supply of food commodities has been able to grow investor confidence as reflected in the strengthening of the Composite stock price index (IHSG) Indonesia stock exchange (BEI) in the early trading session after the fasting month and Eid Al-Fitr yesterday. 

    "The hard work of the National Police Task Force Team, Ministry of Agriculture and Ministry of Trade has resulted in a very positive result.The selling price and supply of food commodities in fasting and Lebaran this year is the most stable during the last ten years," he told reporters in Bandung on Thursday / 7/2017)

    According to him, the achievement certainly gives a positive effect on the national economy. 

    "Supervision of Polri's Food Task Force Team, Ministry of Trade Team and Ministry make food supply stable, and impact on stable price even tends to go down," he said.

    Thus, Syarkawi continued, inflation in June 2017 about 0.69 percent of the main contributor is no longer food commodities but air transport. 

    "This encourages positive expectations of investors and able to strengthen the JCI to reach a record of 5,910 points," he concluded. (MAT)

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