Business · Energy & Commodities · 3 hrs ago

Indonesian market group warns food prices may rise over Christmas and New Year

Indonesian market group warns food prices may rise over Christmas and New Year

An Indonesian market traders' group, IKAPPI, warned food prices could rise over Christmas and New Year in 2026 and 2027.

It said prices for some foods are already high because production has not been optimal, even though demand has not yet increased.

As of November 13, red bird's eye chillies cost 70,000 to 80,000 rupiah per kilogram, while meat cost about 140,000 to 150,000 rupiah per kilogram.

The group expects demand to rise during the year-end holiday period, when households buy food for celebrations.

It said this increase usually begins three days to a week before Christmas and continues until after New Year.

IKAPPI urged the government to boost production and strengthen supplies to match what people need.

It also called for police to monitor food trading and act against traders who manipulate prices, hoping to keep basic foods affordable.

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What people are saying

Reynaldi SarijowanIKAPPI secretary-general
We all know that we will face Christmas and New Year, major holidays when we predict food prices will rise because demand increases during religious holidays and New Year.
via CNN Indonesia
IKAPPI sees that there has been no increase in demand for some of these commodities this week or at present. However, these commodities are vulnerable to a surge during the coming Christmas and New Year period.
via CNN Indonesia
We also urge the National Police chief to take firm action against unscrupulous players in the food sector so they do not take advantage of the Christmas and New Year period.
via CNN Indonesia