Indonesian Political, Business & Finance News

Video: Surging Imports of Raw Materials But Entrepreneurs Cannot Raise Prices

| Source: CNBC Translated from Indonesian | Economy
Video: Surging Imports of Raw Materials But Entrepreneurs Cannot Raise Prices
Image: CNBC

Jakarta, CNBC Indonesia — The depreciation of the Rupiah, which has slipped to Rp17,700 per US dollar, has also heightened concerns among business players. Anggana Bunawan, Deputy Secretary General of APINDO, said that the Rupiah’s decline trend, which has been underway for several months, has impacted industries that rely on imported raw materials and auxiliary inputs.

The rise in production costs resulting from this condition could affect selling prices to consumers and thus suppress purchasing power. Although businesspeople are currently trying to ‘wait and see’ and are delaying price rises.

On the other hand, export-oriented sectors, including the ‘waste to energy’ segment, are gaining momentum. In the medium term, business expectations are somewhat less confident, so expansion and recruitment will continue to be guided by short-term developments.

In coping with these conditions, entrepreneurs are calling for easier licensing and secure supply of input materials such as imported sugar and salt to maintain business continuity.

So what is the impact of the Rupiah’s depreciation on the business world? Watch the dialogue between Serliana Salsabila and APINDO Deputy Secretary General Anggana Bunawan on Profit, CNBC Indonesia (Tuesday, 19/05/2026).

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