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volatile-food

Economy 2 months ago

PREMIUM
Egg, chicken demand drives food inflation to two-year high

Food prices rose 6.6 percent in October after a 6.44 percent increase in September.

Economy 7 months ago

PREMIUM
Inflation slows in May as food prices fall

With inflation sits well within the central bank target, it could open room for further monetary easing to support economy recovery, though it will likely remain cautious amid risks from global uncertainties.

Economy 1 year ago

PREMIUM
Inflation rises above 3 percent as Ramadan begins

More inflationary pressure may arise in the second half of this year.

Economy 1 year ago

PREMIUM
Govt vows to keep food prices stable during Ramadan

As of Friday, the price of mid-quality rice had risen nearly 10 percent year to date (ytd) to Rp 16,000 (US$1.02) per kilogram, according to data from Bank Indonesia (BI).

Economy 1 year ago

PREMIUM
Volatile food prices surge 8.47 percent ahead of Ramadan

This upswing, the highest since September 2022, is attributed to escalating costs of rice, red chilies, eggs, poultry, cooking oil and other commodities.

Economy 1 year ago

PREMIUM
Inflation continues downward trend in January

Statistics Indonesia (BPS) announced on Thursday that the year-on-year consumer price index (CPI) growth in January had been recorded at 2.57 percent, well below the 5.28 percent yoy figure logged in January 2023.

Economy 1 year ago

Govt focuses on volatile food prices in inflation fight

Indonesia's economy still battles rising prices of staple foods, which are expected to affect people amid the projected economic slowdown this year.

Business 5 years ago

Inflation stable in March but COVID-19 risks loom over outlook: Economists

Indonesia recorded a benign inflation rate in March as the government’s measures to maintain food prices remain in check but the COVID-19 pandemic poses risks to this year’s outlook, economists have said.