Indonesia: Ministry of Trade promises stable food prices until Ramadan 2022

Soybean

Chicken Egg

Fresh Chili Pepper

Indonesia

Published Jan 12, 2022

Original content

Jakarta, CNBC Indonesia - The government guarantees that food prices will be stable and safe until Ramadan in 2022. The Director General of Domestic Trade of the Ministry of Trade (Kemendag) Oke Nurwan said that the trend of declining prices is currently happening for eggs and red cayenne pepper. "Egg prices will continue to fall and move towards Rp26-27 thousand, the price of red chili peppers has also started to decline after briefly rising to Rp100,000 per kg. availability. The government maintains stock for 1.5 months. We will issue a policy for a new balance," said Oke during the Squawk Box dialogue on CNBC Indonesia TV, Tuesday (11/1/2022). The National Strategic Food Price Information Center (PIHPS) website noted that the national average price of fresh chicken eggs on January 10, 2022 decreased by Rp550 to Rp29,200 per kg. Meanwhile, the price of red cayenne pepper fell by IDR 7,000 to IDR 67,500 per kg. "The price of red cayenne pepper had gone up high because the end of ...

Source: Cnbcindonesia

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