Indonesia hikes prices of two grades of non-subsidised fuel
Indonesian state-owned energy firm Pertamina has raised prices of two grades of petrol by nearly a third, its first increase since the Iran conflict began. The government says the impact on inflation will be limited, as subsidised fuel prices remain unchanged. But the move is adding to cost-of-living concerns and prompting some motorists to switch to cheaper alternatives. Saifulbahri Ismail reports.
Indonesian state-owned energy firm Pertamina has raised prices of two grades of petrol by nearly a third, its first increase since the Iran conflict began. The government says the impact on inflation will be limited, as subsidised fuel prices remain unchanged. But the move is adding to cost-of-living concerns and prompting some motorists to switch to cheaper alternatives. Saifulbahri Ismail reports.
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