Indonesia Eid livestock sales hit by Iran war prices

本站添加: 2026-05-26

[00:00:01]In Depok, Indonesia, lines of livestock crowd pens at a busy cattle market. Many such markets have been sprouting up in the region as sellers prepare ahead of Eid al-Adha. However, the ongoing conflict between the US and Iran has pushed fuel prices higher, while the Indonesian rupiah has fallen to record lows throughout May. Amid such factors, livestock prices are rising and local demand is falling.

[00:00:26]This seller said demand has dropped compared to last year's Eid season, with sales slowing down despite the approaching holiday.

[00:00:34]Whereas this buyer says the government should act quickly to curb rising prices and restore purchasing power.

[00:00:40]On Monday, the rupiah slid to a record low against the dollar despite Central Bank support. But Indonesian President Prabowo Subianto has downplayed the impact on ordinary Indonesians.