Hike in the Price of Domestic Poultry & Red Chilli Due to an Increase in Fuel Prices in Indonesia

Lucas Sumantri
게시됨 2022년 9월 8일
Indonesia faced the second hike in fuel prices in the past three months, causing a direct impact on agricultural product prices. The new fuel price increase took effect on September 3, 2022, and already caused an average 3-5% price rise in food prices in W36. The poultry price increased by 4-7% in the Jakarta wet market, and the red chili price doubled WoW, reaching a price of USD 4.38-5.40/kg in W36. All the price hikes are due to the increasing logistic costs as the price of fuel increased by 30% - 40%.
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