Rice and Food Inflation Pose Increasing Threats
Elevated rice and food inflation pose a significant threat of pushing people back into poverty. Regrettably, it has been largely overlooked by the government thus far.
Yopie Hidayat
March 18, 2024
IN the realm of inflation control, President Joko Widodo’s administration boasts a commendable track record. Over the past nine months, annual inflation has consistently remained below three percent. However, looming over this achievement is a pressing concern: the escalating prices of rice and various food commodities, despite overall low inflation rates, pose a significant threat to the economic well-being of Indonesia’s popula
...