Indonesia monitors food prices amid rupiah's weakening

Indonesia's government is actively monitoring national food prices and supply chains as the rupiah weakens against the U.S. dollar. The National Food Agency (Bapanas) is committed to ensuring food remains accessible and affordable for all citizens.

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So there are efforts from the government, this (weakening rupiah) is definitely being monitored. Our target is the stabilization of food supply and prices.

Andriko Noto Susanto, deputy for consumption diversity and food security at Bapanas, stated that the government is focused on "stabilizing supply and food prices." This involves continuous monitoring to prevent price shocks that could harm consumers and producers. The agency prioritizes sustainable stabilization at both producer and consumer levels.

Beyond consumer prices, the government also pays attention to producer-level commodity prices. For instance, discussions are held to ensure palm oil fresh fruit bunch prices are profitable for farmers. The government is also evaluating the highest retail price for cooking oil, a matter under the Ministry of Trade's purview, based on market developments.

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Stable means stable supply, stable prices both at the producer and consumer levels, which we continue to strive for.

These measures are part of a broader strategy to maintain national food stability through vigilant oversight and responsive policymaking. "So, the government continues to monitor what is happening in society," Andriko added.

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So, the government continues to monitor what is happening in society.