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China's Covid Lockdown hits Indonesian Consumers

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China's Covid Lockdown hits Indonesian Consumers

China sneezes, world catches cold

Jun 1, 2022
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China's Covid Lockdown hits Indonesian Consumers

www.asiasentinel.com
By: Muhammad Zulfikar Rakhmat and Yeta Purnama

The deteriorating situation in China over its inability to control the Covid-19 coronavirus through the world’s most stringent lockdowns is having a significant impact on the Indonesian economy, spiking prices of consumer goods and leaving Bank Indonesia, the central bank, struggling to maintain price stabil…

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