TEMPO.CO, Jakarta – A number of price Food prices are still observed to be high beyond the reference price set by the government. Some of the commodities whose national average prices are still high include cooking oil, chicken eggs, chili, shallots and garlic. Data The Ministry of Trade’s Market and Basic Needs Monitoring System recorded, … Read more
Jakarta, CNBC Indonesia – Indonesia’s inflation throughout 2021 is estimated to remain low, below 2%. It seems that limited demand has prevented inflationary pressure from being felt in the country. The Central Statistics Agency (BPS) will release inflation data for December 2021 on January 2, 2022. The market consensus compiled by CNBC Indonesia estimates that … Read more
Jakarta, CNBC Indonesia – Rising world food prices are a real threat. In Indonesia, this ‘terror’ is also starting to be felt. The World Food and Agriculture Organization (FAO) releases food price index data every month. In the last four months, this index is always rising and setting new records. In November 2021, the food … Read more