04:57 video Food Prices Continue to Rise Until the Sovereign Wealth Fund Loses News – 8 hours ago

Jakarta, CNBC Indonesia – Prices of a number of food items were observed to continue increasing. The price of red cayenne pepper in Jakarta was even reported to have reached 80 thousand rupiah per kilo, so Norway’s Sovereign Wealth Fund or SWF investment fund worth 1.4 trillion US Dollars or the equivalent of 22,157 trillion Rupiah experienced a loss of 2.1% in the third quarter of 2023. This is because all asset classes experience a decline in value.

More details in the CNBC Indonesia Evening Up program (Wednesday, 25/10/2023) below.

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