Pertamax Price Hike: Pertalite and Subsidized Fuel Prices to Remain Stable in Indonesia
Indonesian government officials have observed no significant, immediate shift in consumer behavior toward subsidized Pertalite fuel following the recent adjustment in Pertamax prices. Purbaya Yudhi Sadhewa, Chairman of the Board of Commissioners at the Indonesia Deposit Insurance Corporation (LPS), noted that while fuel price fluctuations typically influence public spending, the transition from higher-grade fuel to … Read more
