Trade Minister Reveals Cause of Onions Price Hike

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Trade Minister Reveals Cause of Onions Price Hike
Trade MinisterZulkifli HasanMinister
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Indonesian Minister of Trade, Zulkifli Hasan revealed the cause of the increase in onions price.

"It's just natural because there are no traders selling, that's all. In a week, it will be back to normal, those who sell will reopen," said Minister Hasan in Jakarta on Tuesday .Mendag Zulhas Sebut Kenaikan Harga Bawang Merah Akibat Banyak Pedagang Belum Mulai Berjualan

Indonesian President Joko Widodo stated that Indonesia successfully in reducing stunting rate to 21.5 percent by the end of 2023. Bank Indonesia raised its benchmark interest rate by 25 basis points to 6.25 percent from the last hike in October 2023. This aims to stabilize rupiah.

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