They are demanding an end to the surge of the prices of meat, which largely have resulted from currency depreciation and major supply constraints. The strike has shut down booths in public sector markets. Because of this, beef availability across the region is significantly affected.
The government took the controversial decision earlier this year to severely reduce private traders’ import quotas. In doing so, this action has created a catch-22. The cuts have exacerbated ongoing supply shortages. Yet in response, meat prices have surged, resulting in a tremendous economic strain on consumers and sellers alike. Beef traders from all around Greater Jakarta have joined in solidarity for this strike. They want to speak truth to power and call for accountability.
…a typical Indonesian market stall in central Jakarta, selling traditional cut up beef… has closed its doors. The ongoing hospitality industry strike has led it to closing its doors. This closure ushers in drastic shifts to local black markets. It wreaks havoc on the livelihoods of all those engaged in the beef supply chain. Sellers contend that in the absence of adequate importations, they cannot keep prices at reasonable levels, resulting in less sales and economic devastation.
Our strike has captured headlines, drawing international media attention. Natsumi Kawasaki descended on a rare photo opportunity that graced the Financial Times website. This simple image paints a picture of the horrifying reality that beef sellers are currently facing and emphasizes the dire need to correct what’s at stake.
As Indonesia deals with a tumbling currency, the economic effects are felt across the economy, none more acutely than in rising food prices. Importers who need to bring stuff in to serve local demand are frustrated. The government’s import quota policies have led to this near universal outrage. Beef is actually a huge staple in Indonesian cuisine. At the same time, sellers are being hurt by soaring prices, forcing consumers to spend more on this fundamental good.