Bank Indonesia's Governor, Perry Warjiyo, has proposed changing people's habits and focusing on food security to stabilize soaring food prices. He suggested switching from rice to other commodities like cassava to reduce the problem. The bank estimates that core inflation and inflation expectations could rise due to increased prices for non-subsidized fuel oil and volatile food inflation, with overall inflation for 2022 projected at 5.2% and core inflation at 4.15%. To combat this, BI has increased its interest rate to 3.75% in August 2022.