Indonesia raises price of widely used fuel by 32%, adds to cost-of-living concerns
The increase follows a government pricing formula as officials say the affected fuels make up about 7% of domestic fuel sales.
- Indonesian state firm Pertamina raised prices for 92-octane Pertamax to 16,250 rupiah and 95-octane Pertamax Green to 17,000 rupiah per litre, an increase of around 32 per cent.
- This increase follows the government's previous directive to maintain prices after the Iran war, with Pertamina spokesperson Robert Dumatubun citing an evaluation based on official pricing formulas.
- Indonesia's annual headline inflation accelerated to 3.08 per cent, the highest in eight months, while the price of subsidised 90-octane Pertalite remains unchanged following Bank Indonesia's recent interest rate hike on Tuesday.
- Finance Minister Purbaya Yudhi Sadewa expects limited inflationary impact, a view supported by DBS Bank senior economist Radhika Rao, who noted the affected fuels represent about 7 per cent of domestic sales.
- For consumers like Masgal Carta, a worker in Bandung, West Java, the price rise is a financial squeeze; he said, "My income has stayed the same" as basic goods costs increase.
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Indonesia raises price of widely used fuel by 32%, adds to cost-of-living concerns
JAKARTA: Indonesian state firm Pertamina has raised some fuel prices by almost a third in the first increase since the Iran war began, and the finance minister said there would be limited impact on inflation amid investor
Pertamina Patra Niaga has adjusted the selling price of non-subsidized fuel for Pertamax and Pertamax Green products.
Pertamina reveals the reasons behind the increase in Pertamax fuel prices
Even though Pertamax prices have increased, car owners are not advised to immediately switch to Pertalite due to the difference in gasoline RON values. |RON that matches the engine compression ratio maintains optimal combustion, prevents knocking, and improves vehicle performance. | In addition to being more efficient, fuel with the right RON helps reduce exhaust emissions and extends the life of engine components.
On June 10, 2026, foreign news agencies reported that the Indonesian government and Pertamina, the national energy company, announced a 32.1% price increase for unleaded gasoline, octane 92, known as Pertamax. The price increased from 12,300 rupiah per liter to 16,250 rupiah per liter, approximately 29.61 Thai baht. The price increase took effect immediately today (June 10).
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