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Indonesia's Food Inflation Remains Relatively Low in ASEAN

Viva Budy Kusnandar 13/01/2023 17:50 WIB

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Laos had the highest food inflation in ASEAN in 2022, reaching 45%.

Food Inflation in 10 ASEAN Countries (December 2022*)

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Indonesia's Food Inflation Remains Relatively Low in ASEAN

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Food Inflation in 10 ASEAN Countries (December 2022*)

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Trading Economics recorded that Laos' food inflation reached 45% (year-on-year/yoy) in December 2022, the highest among ASEAN countries.

The next highest ASEAN country with food inflation was Myanmar, reaching 18.43% (yoy) in July 2022. This was followed by the Philippines at 10.2% (yoy) in December 2022, Thailand at 8.87% (yoy) in December 2022, and Malaysia at 7.3% (yoy) in November 2022.

Next was Singapore with food inflation of 7.3% (yoy) in November 2022. Then Brunei Darussalam at 6.1% (yoy), Indonesia at 5.83% (yoy) in December 2022, and Cambodia at 4.33% (yoy) in October 2022.

Vietnam was the ASEAN country with the lowest food inflation, at only 2.91% (yoy) in December 2022.

Russia's invasion of Ukraine has triggered a rise in global food prices. Disrupted supply chains and the appreciation of the US dollar have driven up food prices. As a result, many countries are experiencing high inflation.

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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Indonesia's Food Inflation Remains Relatively Low in ASEAN

Indonesia's Food Inflation Remains Relatively Low in ASEAN

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Indonesia's Food Inflation Remains Relatively Low in ASEAN

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