When Beating Rising Food Costs Means Cutting Portion Sizes | Money Mind | Indonesia
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- เผยแพร่เมื่อ 9 เม.ย. 2024
- Eat less or work more? Hard choices, as food prices spike in Indonesia.
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In Singapore they do both -raise prices and cut portions. Within 2 weeks and a great shock today, a regular patronised duck rice store hiked the prices close to 10% and shrank rice and meat by 20%.
Yes. I also notice the same thing. This chicken rice restaurant I usually patronize.
In Indonesia SGD 1 you can get 1 full meal (in village nasi pecel only IDR 5k-SGD 45 cents) , impossible in Singapore. But domestic air fare really pricey (YIA-BPN usually IDR 1600k-SGD 145) compared to international air fare (YIA-SIN IDR 330k-SGD 30)
It really depends on which part of Indonesia you are living. In Jakarta, cost of one meal with drink in office area will be around sgd 3 - 4 and around sgd 7-8 if you eat at the restaurant with aircon. Eating out in shopping mall for family with 2 kids will be around sgd 20 - 40. Jakarta median wages for fresh grad is around sgd 600 whilst singapore median wages for fresh grad is sgd 3000 with no income tax. Which makes quality of life and/or purchasing power for working jakartans are 1/4 of singaporeans. Central java food cost is far below but then again the wages also very low.
Same here in philippines...we import rice from vietnam and
india. Prices are crazy across the board.
Some people are obviously getting all the extra high prices we are paying.
I like the high prices of food. It helped me a lot of cut off fast food, processed sugar, snacks, sodas. I cook now simple meal at home (rice, steamed vegetables and proteins, oats for breakfast) and I drink only water. I even cut the consumption of coffee. I was so addicted to coffe and matcha. When I see the pricea of sweets in the shop, I think that it’s too expensive and I never buy it. I invest this money to buy vegetables or local fruits. I started doing my own plant milk at home: oat or coconut. It’s much healthier and cheaper.
Tell that to those around and under the poverty line
robusta coffee beans from java is 80k IDR per kg. and you need 12 gram for a cup of coffee. if you do the math, the price for each cup is less than 1k IDR. add sugar or condensed milk and the average cost is about 3k IDR. brewing coffee at home for yourself is always cheaper. business owner need to pay their employee and pay monthly bills including rent. that's why you will find a cup of coffee is expensive if you buy it from coffee shop. and my job is a barista so i can share our secret to you.
also, good diet for me would be steamed vegetables, boiled eggs, and chicken or another meat source but the cheapest one is chicken. try to skip the rice. it's kinda hard for indonesians to skip the rice but you can start with gado gado.
almost forgot to tell you but matcha powder is about 100k per 500g. and you only need 10gram per cup. that's 2k IDR per cup. let's count the milk next. it's about 22k IDR for 1liter of fresh milk. you will need 160 or 170ml and that's about 3500k IDR per cup. yes now you know milk is the most expensive ingredients here.
It's the same in Europe. During the pandemic, with a salary of 4000€ was more or less enough for a family of 4 members. Now, we have to set an stric weekly budget or else, we can't even save at the end of the month. Inflation is the invisible tax but the one that you feel the most...
So quick tip
You can make tofu out of lots of cheap kinds of beans, peas and lentils (canned ones too)
If you do it right it costs basically nothing and it absorbs the flavour of whatever you're cooking it in,
So you can replace half your meats and still retain similar sized portions, calories and protein
Rising inflation all over the world is a matter of concern. When I see rising inflation in my neighboring countries, I feel what a difficult time they are going through in life. Being a working class salaried person, inflation affects me a lot. As salaries increase, so does inflation.
😐🌍
It's the same here in the UK. Especially in London. It's extremely expensive to travel and rent costs are just about touch the moon surface.
Why Singapore media focus on daily challenges of Indonesians or Indonesia? Is it to justify the rising cost in Singapore? 🤔
Yes so they can continue to raise taxes and prices with no need for justification.
@@tangt4860yeah look like singapore media are make other country look bad so they can control public oppinion to justify make new rule or increase tax, even forget they own problem
Totally agree😂😂😂
NOW my Family know how precious the food is. no food waste and abundant unnecessary Food during Ied Fitri. Thanks God. my mom always makes Food as If we have 500 people in Our Big Family's meeting during Ied. i can easily teach my children about how valuable the Food
Unfortunately, many high end resorts and venues reserved for the rich and powerful are still having large plentiful feasts and cornucopia of food and drinks complete with complimentary chocolate and ice cream bars while the rest of the world starves.
That's why previous president directly requested to Thailand for purchase at least 2 million tons of rice this year to solve the rice shortage and high prices in the country.
Same situation here in philippines we buy from vietnam and india...price of rice here now is very high.
@@cetocoquinto4704 Yes, It's very tough time due to the Philippines is biggest rice importer also high inflation rate, power and vat.
But the people don't like the rice because of lower quality.
The problem is...too much rice was distributed as food subsidies during presidential election to improve prabowo's image, exhausting national rice reserves in BULOG....
@@deonbenjamin5650 The problem then lies on the people themselves. They can choose to buy the cheap rice or buy the so-called branded premium rice at a hefty price. Its just a matter of time before they gave up and revert back to get any whatever cheap rice they can get
Let's always do alot of good ❤️
With rising costs the average Singaporean & retirees with no recurring income will find that they limited finance is getting less purchasing power. When the 18% increase kicks in in 2024 & 2025 cost of living will increase more than the 18%. Hope the Sg govt have a more compassionate heart for retirees, those in low income brackets and average income earners and just provide more significant amount of rebates and higher amounts of cost of living vouchers but also reduce the hawker centers rentals, etc to effectively alleviate financial woes.
The PAP will pretend to declare they are monitoring and looking into it. After they win, they will laugh and ask which lousy school are you from.
People underestimate how much a few cents increase would mean for small business owners.
Singaporeans dont complain, we in Indonesia also have high prices in everything now, food staples especially
1 sgd can get u full meal in Indonesia it can’t here lol
At least you can grow your own food easily. Singaporeans are just waiting for starvation to hit the doorstep.
@@tangt4860 not all place of indonesia have a soil that support that, people in java can do that but not eith other who have vrazy drough of water and other soil problem.. like in kalimantan our soil get destroyed because of ilegal mining of coal and gold even the water get contaminated in some area
This Singapore media cna always use indonesia view for every video as possible
Inflation is global … everything is more expensive … the only thing that ever holds it’s value is gold & silver
I prefer inflation than deflation
Of course you do, you're a daft goon.
BMA
Both are dangerous!
Deflation not often but inflation make rich richer!!
One primary reason is printing lots of papers & not backing it with gold!!!
I think world is overpopulation . We dont have enough food for the wholw world . Just hope some day world population decrease .
population will only decrease when world war 3 to happens..
Population growth has peaked since the 1989. Every year since then the increase has been ever smaller and smaller. Just look at fertility rate at developed countries. South Korean women only birthed 0.8 child on average, the start of population decline. If not enough food to feed the population then why european countries pass laws to make farming more expensive and some out right ban.
Meanwhile
🇮🇳🇵🇰: We should make more child😂
Dont eat rice. Too much carbs. Just drink water!
the prices of all goods rise due to salary increases but the level of productivity remains at the same level.
How islam reached there in Indonesia
Is an amazing history
Its just a bunch of arabian traders showing up there
Don't worry, Allah will provide 😂 😂 😂
I always wonder how food doesn't go off in such hot humid areas without refrigeration.
What kind of food are you talking about. Fresh meats in such places are butchered, bought and cooked on the same day. Refrigeration allows ie. supermarkets to sell up to 3/4 days after butchering. That's the only difference.
@@Gehslol👌🇦🇺
It's not the food, it's our digestion system that adapting 🤭
Spices makes a great food conservatives
Vinegar