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17 / 10 / 2017
11:55 am


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Reported on:
Monday, October 16, 2017

Inflation Hits Home Ahead of Bali Kuningan

High demand ahead of the Balinese religious holiday of Kuningan has seen a surge in prices of materials essential for offerings and temple decorations.

General commodities such as flowers, leaves and fruit have spiked up to 150 percent at major trading centres including Badung and Kreneng markets. The hike in prices began ahead of last week’s Galungan celebrations, while short supply of basic materials means they show no sign of decreasing. The percentage increase in prices is the highest on record because of recent bad weather as a reason for the poor supply.