Rupiah Weakness Has Not Affected Imported Food Prices, Says Indonesia's Food Agency

Indonesia's National Food Agency (Bapanas) has assured the public that the recent weakening of the rupiah against the US dollar has not yet affected the prices of imported food commodities. The agency confirmed that prices for several essential goods, which rely on foreign supply, are still within the government-established reference price ranges.

Sarwo Edhy, Secretary-General of Bapanas, stated via a short message on Friday, June 5, 2026, that "As of now, the prices of all imported commodities are still normal according to the reference selling prices set by the government." This statement comes amid concerns that currency depreciation could lead to price hikes for food items heavily dependent on imports.

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Until now, all imported commodities are still normal according to the reference selling prices set by the government.

Several key commodities are significantly reliant on imports. Garlic, for instance, sees about 90% of its national demand met through imports. Soybeans, crucial for the tofu and tempeh industries, are 70-80% imported, with a consumer reference price of Rp 12,000 per kilogram. The nation also imports sugar to cover domestic production deficits, with a consumer reference price of Rp 15,500 per kg (Rp 16,500 in specific regions). Frozen buffalo meat is entirely imported, priced at Rp 80,000 per kg for consumers.

Minister of Trade Budi Santoso echoed this sentiment, noting that the rupiah's weakness has not yet impacted staple food prices domestically. The Ministry of Trade continues to monitor market conditions through its Price and Staple Needs Monitoring System (SP2KP). While acknowledging the potential for price increases in imported goods like vehicle spare parts, oil, and tires due to the exchange rate, Santoso emphasized that the overall food supply remains secure, preventing immediate price shocks in the market.

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Not yet, please check SP2KP, the prices are stable.