Indonesia: Not just chili but meat and chicken egg prices also increased

Published 2021년 4월 12일

Tridge summary

The article highlights the significant rise in food prices in Indonesia, especially in advance of the fasting month, with over 9 foodstuffs experiencing price increases. Chicken meat and eggs have seen the most dramatic price hikes, alongside garlic due to the country's heavy reliance on imports. Meanwhile, the price of cayenne pepper and green bird's eye chilies has begun to decrease despite the rainy season's impact on production. The central bank forecasts an inflation rate of 0.53% for April 2021, with chicken, oranges, red chilies, and cooking oil being the primary inflation drivers. The government is responding by requiring private employers to fully pay holiday allowances to their employees to help offset the increased food costs and maintain purchasing power.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Fasting is only one day away. Usually, before the fasting month, the price of foodstuffs flies. That's what happened recently. There are at least 9 foodstuffs recorded experiencing price increases this month. Fresh purebred chicken meat is the commodity with the most steep jump in price. As of March 31, the price of one kilogram of chicken meat was still Rp.34,550. Today the price is already at IDR 37,650 per kilogram in traditional markets. Not only did the meat go up, the price of the eggs also increased. Egg prices have risen 5% since the end of March. Now, for one kilogram of chicken eggs, the price in the market is Rp. 25,800. When the price of shallots drops 1% at the same time, it becomes IDR 34,250 / kg. The price of garlic actually increased by 1% to IDR 30,200 / kg. Garlic is the main food commodity whose consumption cannot be supplied domestically. Indonesia is one of the largest importers of garlic in the world. So far, Indonesia has relied on ...

Source: Cnbcindonesia