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Inflation
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happy_me



Joined: 01 Feb 2006
Posts: 174
Location: In the neighborhood of nirvana

PostPosted: Fri Apr 07, 2006 10:15 am    Post subject: Reply with quote

wa! whats in the paper??? Inflation dips below16%! nice so YTD is down to 17.11%

YA

Has your salery keep up????????????????
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Zorobabel



Joined: 13 Feb 2006
Posts: 82

PostPosted: Sun Apr 09, 2006 1:52 am    Post subject: Reply with quote

It has still increased slightly month over month. I doubt many places will accomodate the essential salary increases.
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Chancellor



Joined: 31 Oct 2005
Posts: 1337
Location: Ji'an, China - if you're willing to send me cigars, I accept donations :)

PostPosted: Tue May 02, 2006 6:20 pm    Post subject: Reply with quote

happy_me wrote:
wa! whats in the paper??? Inflation dips below16%! nice so YTD is down to 17.11%

YA

Has your salery keep up????????????????
Sounds like the United States in the 1970s. Smile
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Chester



Joined: 15 May 2004
Posts: 383
Location: Australia

PostPosted: Wed May 03, 2006 7:55 am    Post subject: Reply with quote

wish i had a cool name like that Wink
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Chancellor



Joined: 31 Oct 2005
Posts: 1337
Location: Ji'an, China - if you're willing to send me cigars, I accept donations :)

PostPosted: Wed May 03, 2006 5:28 pm    Post subject: Reply with quote

Chester wrote:
wish i had a cool name like that Wink
Considering what you probably went through in elementary school with the name "Chester," you can imagine what I went through with the first name "Chancellor." Smile
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Zorobabel



Joined: 13 Feb 2006
Posts: 82

PostPosted: Thu May 04, 2006 10:22 pm    Post subject: Reply with quote

Inflation is dipping year over year, but it still increased .05% month over month. Has anyone had pay increases?
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Henry_Cowell



Joined: 27 May 2005
Posts: 3352
Location: Berkeley

PostPosted: Thu May 04, 2006 10:41 pm    Post subject: Reply with quote

When I first went to Indonesia, the exchange rate was about Rp400 = US$1. It remained there for several years before it started climbing a bit in the late 1970s. When I now pay several thousand rupiah to eat a meal, I still get a bit nostalgic for the good-old days of smaller banknotes and the 1-rupiah coin. Wink
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gugelhupf



Joined: 24 Jan 2004
Posts: 575
Location: Jabotabek

PostPosted: Thu May 04, 2006 11:47 pm    Post subject: Reply with quote

Zorobabel wrote:
Inflation is dipping year over year, but it still increased .05% month over month. Has anyone had pay increases?


Err, yes. In hard currency terms anyway. My salary is now worth about 15% more in pounds sterling than it was a year ago. Doesn't help much buying groceries in Carrefour but it goes a lot further when paying my NI contributions back home.

Something I can't help noticing - when the rupiah nosedived last year the price of many imported food and drink items rose as a consequence. I have yet to see any price cuts even though the USD exchange rate is now 8770. Strange.
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guruengerish



Joined: 28 Mar 2004
Posts: 424
Location: Australia

PostPosted: Fri May 05, 2006 10:51 am    Post subject: the good old days Reply with quote

Henery Cowell comments on the days when people used small notes.

I had some difficulties getting my students to understand that the rupiah is in fact based on the decimal system, onlynowadays the 'standard' is 1000 instead of 100.

To make my point, I told them that the rupiah was originally made up of 100sen to 1 rupiah. Not one of these kids had heard of this, so I went to a money changer, who had a wad of mint condition Sen notes, and he donated me a few which I photocopied and gave to the students; they were quite intrigued.

NB: as a mind-bending activity for older students, see how many can complete the cost of a simple shopping list in dollars and cents, and come up with an accurate total. They work in 1000s and 10 thousands with no problem, but 10s and 100s as in cents and dollars, can really floor them.

Good practice for counting numbers in English.
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Zorobabel



Joined: 13 Feb 2006
Posts: 82

PostPosted: Fri May 05, 2006 6:28 pm    Post subject: Reply with quote

gugelhupf wrote:
Zorobabel wrote:
Inflation is dipping year over year, but it still increased .05% month over month. Has anyone had pay increases?


Err, yes. In hard currency terms anyway. My salary is now worth about 15% more in pounds sterling than it was a year ago. Doesn't help much buying groceries in Carrefour but it goes a lot further when paying my NI contributions back home.

Something I can't help noticing - when the rupiah nosedived last year the price of many imported food and drink items rose as a consequence. I have yet to see any price cuts even though the USD exchange rate is now 8770. Strange.

You'll notice the same for many prices, such as bus fares. From the beginning of the fuel price hikes to the last big hike, fares on your standard Jakarta junkers have tripled while the combined fuel price increase was less than 150%. A lot of people are using others' ignorance on these matters to double their profit margins, another example being on imported items as you mentioned.

Also, the rupiah is expected to level off next week around 8,900.
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guruengerish



Joined: 28 Mar 2004
Posts: 424
Location: Australia

PostPosted: Sat May 06, 2006 9:19 am    Post subject: fuel costs and fare hikes Reply with quote

I've often wondered how bus and taxi operators worked out they need to increase their fares by say 20% when fuel goes up 20%.

My conclusion is that maybe fuel is the only expendable. Don't tell me that anything is spent on repairs or upgrades or better seating. or dare I say it, meters in taxis that don't become rusak the moment a white customer is sighted.
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wannaBguru



Joined: 07 Dec 2005
Posts: 110

PostPosted: Mon May 08, 2006 11:55 pm    Post subject: Reply with quote

anybody notice that gas prices went up again this week? pertamax plus is now 6050, from 5400, more than 10%. heard pertamax is now 5800 from 5300 but dont know cause i dont buy it. premium is the same at 4500. guess that is why no demonstrations this week.......... or maybe everyone is still tired from the labor demostrations last week. guess the taxi companies will need another 150% increase. nasi and other products should follow suit........... never mind that exchange rate stuff. any excuse to raise prices will do.
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TEAM_PAPUA



Joined: 24 May 2004
Posts: 1679
Location: HOLE

PostPosted: Tue May 09, 2006 3:58 am    Post subject: * Reply with quote

Reminds me of the time back in the UK when, for some reason I forget, the price of potatoes rocketed. The price of fish & chips went up around 50%: the rpice of potatoes came down to regular levels but the price of chips stayed the same. Now, that really annoys me.
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Chancellor



Joined: 31 Oct 2005
Posts: 1337
Location: Ji'an, China - if you're willing to send me cigars, I accept donations :)

PostPosted: Tue Jun 27, 2006 2:24 pm    Post subject: Reply with quote

wannaBguru wrote:
anybody notice that gas prices went up again this week? pertamax plus is now 6050, from 5400, more than 10%. heard pertamax is now 5800 from 5300 but dont know cause i dont buy it. premium is the same at 4500. guess that is why no demonstrations this week.......... or maybe everyone is still tired from the labor demostrations last week. guess the taxi companies will need another 150% increase. nasi and other products should follow suit........... never mind that exchange rate stuff. any excuse to raise prices will do.
It is within the nature of capitalism for prices to rise to levels that the marketplace will bear. As long as people are willing to pay the higher prices, the prices will continue to climb higher - and not just in Indonesia.
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TEAM_PAPUA



Joined: 24 May 2004
Posts: 1679
Location: HOLE

PostPosted: Wed Jun 28, 2006 2:28 am    Post subject: * Reply with quote

Increase fuel prices to the point where these stupid clowns can't afford to put fuel in their bikes: maybe this will make the roads cleaner and safer.
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