Sri Lanka's Rice Prices Soar to Rp41,000 per Kg Amidst Economic Crisis

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Adi Ahdiat 05/04/2022 11:20 WIB

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According to India Today's field report, on Sunday, April 3rd, the price of rice in supermarkets in Colombo, the capital of Sri Lanka, reached 220 Indian Rupees, or approximately 41,800 Indonesian Rup

Prices of Essential Goods in Colombo, Sri Lanka's Capital (April 3, 2022)

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Sri Lanka's Rice Prices Soar to Rp41,000 per Kg Amidst Economic Crisis

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Prices of Essential Goods in Colombo, Sri Lanka's Capital (April 3, 2022)

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Sri Lanka is experiencing widespread unrest due to a prolonged economic crisis.

Reuters reported that hundreds of Sri Lankan citizens clashed with authorities during a protest near the residence of President Gotabaya Rajapaksa in Colombo, the capital, on Thursday, March 31st. President Rajapaksa subsequently declared a national state of emergency on Friday, April 1st.

India Today noted that prior to the clashes, Sri Lanka experienced a surge in inflation and shortages of essential goods.

"People in the island nation have been queuing for hours to buy fuel, food, and medicine. Often, many return empty-handed, either because the shops have run out of goods or their money is insufficient," reported India Today on Sunday, April 3rd.

According to India Today's field observations on Sunday, April 3rd, the price of rice in Colombo supermarkets reached 220 Indian Rupees, approximately Rp41,800 per kg.

This price is significantly higher than the average national price of premium rice in Indonesian modern markets, which was Rp13,700 per kg on Tuesday, April 5th.

The price of granulated sugar in Colombo reportedly soared to 240 Indian Rupees, or approximately Rp45,600 per kg. This is far above the average price of premium granulated sugar in Indonesian modern markets, which is Rp14,200 per kg.

The price of powdered milk in Colombo also jumped to 1,900 Indian Rupees, approximately Rp361,000 per kg. This is significantly higher than the price in Indonesia, for example, Dancow powdered milk, which sells for around Rp92,000 per kg.

"Sri Lanka's retail inflation reached 17.5 percent in February 2022, and food inflation has increased by more than 25 percent," reported India Today on Sunday, April 3rd.

"Public anger towards the (Sri Lankan) government is mounting. Protests have erupted in many areas, including the capital, with agitators blaming President Rajapaksa's regime for the shortages of essential commodities and prolonged power outages," it concluded.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Sri Lanka's Rice Prices Soar to Rp41,000 per Kg Amidst Economic Crisis

Sri Lanka's Rice Prices Soar to Rp41,000 per Kg Amidst Economic Crisis

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Sri Lanka's Rice Prices Soar to Rp41,000 per Kg Amidst Economic Crisis

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