One month ahead of the holy fasting month of Ramadan, food prices in Indonesia have already began to rise. It is a traditional phenomenon that ahead of the Ramadan (and during this month as well as the subsequent Idul Fitri celebrations) inflation peaks as Indonesians spend more money on food products (for dinner parties in the evening after the daily fasting has ended) and other consumer products such as clothes and shoes. However, some concerns have arisen as a presidential regulation on price controls is yet to come out.

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Indonesia Investments presents an updated company profile of Charoen Pokphand Indonesia, the leading company in Indonesia's poultry feed and day old chicks (DOC) industries, having a dominating market share of 35 percent in both industries. The poultry meat industry in Indonesia has good prospects as the country's current per capita poultry meat consumption is relatively low, while per capita GDP is rising. Moreover, chicken meat is cheaper than beef and fish, while pork is generally not eaten due to Islamic principals.

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Over the past couple of years there have been many reports about Indonesia's beef mafia (referring to certain cartel practices in the nation's beef industry; practices that come at the expense of the Indonesian consumer as prices are kept high intentionally). A new report published on Beef Central on Monday (10/04) discusses why beef prices have not become more affordable for Indonesian consumers despite the government allowing imports of cheap frozen buffalo meat in mid-2016.

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