# Rupiah Breaches Rp18,000, Prices of Goods Likely to Rise Further

> INDEF warns that the weaker rupiah raises the cost of imported energy, industrial inputs, food and fertilisers in Indonesia. It cites JISDOR at Rp18,050 per US dollar on 19 October 2026, a 7.4% annual depreciation in September, and sharp rises in upstream costs for sugar and wheat flour.

- Date: 2026-11-02 · published 2026-11-03T00:43:28.942Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/76761-rupiah-breaches-rp18-000-prices-of-goods-likely-to-rise-further
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A weaker rupiah makes imported feed ingredients such as soybean meal, wheat and fertiliser more expensive for Indonesian buyers, and pass-through to consumer prices is likely to continue if the currency stays under pressure.

## Read by commodity

- SBM: bullish ▲
- WHEAT: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-03-10 | [Food prices rise globally as countries compete to replenish stockpiles, bad weather hits crops - ABC News](https://feedsoft.ai/events/8631-food-prices-rise-globally-as-countries-compete-to-replenish-stockpiles-bad.md) | -0.4% | -0.6% |
| WHEAT | 2022-01-21 | [The Fertilizer Crisis Is Getting Real for Europe Food Prices - Bloomberg](https://feedsoft.ai/events/43072-the-fertilizer-crisis-is-getting-real-for-europe-food-prices-bloomberg.md) | +0.5% | -1.6% |
| WHEAT | 2021-05-07 | [Fed's super-easy policy likely to stick after weak jobs report](https://feedsoft.ai/events/47007-fed-s-super-easy-policy-likely-to-stick-after-weak-jobs-report.md) | +3.7% | -2.0% |
| WHEAT | 2016-06-03 | [Wheat prices surge over one percent before the weekend](https://feedsoft.ai/events/9127-wheat-prices-surge-over-one-percent-before-the-weekend.md) | +4.2% | -3.7% |
| WHEAT | 2021-04-30 | [Inflation-tolerant Fed will boost commodity prices \| Reuters](https://feedsoft.ai/events/47512-inflation-tolerant-fed-will-boost-commodity-prices-reuters.md) | -5.5% | -5.0% |
| SBM | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -2.4% | -4.1% |
| SBM | 2022-07-15 | [Runaway price hikes has soy farmers hoarding all they can \| Buenos Aires Times](https://feedsoft.ai/events/14022-runaway-price-hikes-has-soy-farmers-hoarding-all-they-can-buenos-aires-times.md) | -10.3% | +4.6% |
| SBM | 2026-09-21 | [Particle: Argentina’s Official Dollar Steady as Parallel Rates Rise to Records](https://feedsoft.ai/events/17752-particle-argentina-s-official-dollar-steady-as-parallel-rates-rise-to-records.md) | +2.1% | +2.7% |

## Sources

- wartaekonomi.co.id: https://wartaekonomi.co.id/read645159/rupiah-tembus-rp18000-harga-barang-berpotensi-makin-mahal

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.