As inflation hits Indonesia, some businesses bite the bullet while others pass the buck
AI Summary
Indonesian businesses are responding differently to rising inflation by either absorbing costs to ease consumer burden or passing price increases through. This economic strain reflects broader inflationary pressures affecting local markets in Indonesia.
From a US$0.31 haircut to a US$0.67 meal, some Indonesian businesses have refused to pass rising costs on to consumers, providing small but meaningful relief to their communities. Others make the “hard choice” to raise prices.