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Opinion

Rising food and energy prices threaten Indonesia's political stability

Rest of the world will not be immune from inflation surge

| Indonesia
Bottles of bulk cooking oil provided by the State Logistics Agency at a distribution point in Jakarta on May 20: The prices of basic commodities have been rising since last year.    © AP

Dr. Asmiati Malik is assistant professor at Universitas Bakrie Indonesia.

The world is battling surging food and energy prices that are contributing to a sharp rise in inflation in many countries, including Indonesia. According to Indonesia's statistics agency Badan Pusat Statistik, inflation reached 3.55% year on year, the highest since 2017.

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