(Bloomberg) -- PT Indofood Sukses Makmur, the
world's biggest instant-noodle maker, raised prices of the
staple by as much as 5.5 percent after wheat and palm-oil costs
surged. It was the first increase in more than three years.
All pack prices were boosted 50 rupiah (1 cent) yesterday,
Werianty Setiawan, head of investor relations, said today. That
raised best-selling Indomie Rasa Kari Ayam by 5 percent to 1,050
rupiah, while Indomie Mi Goreng rose 5.5 percent to 950 rupiah.
Read more at Bloomberg Emerging Markets News
world's biggest instant-noodle maker, raised prices of the
staple by as much as 5.5 percent after wheat and palm-oil costs
surged. It was the first increase in more than three years.
All pack prices were boosted 50 rupiah (1 cent) yesterday,
Werianty Setiawan, head of investor relations, said today. That
raised best-selling Indomie Rasa Kari Ayam by 5 percent to 1,050
rupiah, while Indomie Mi Goreng rose 5.5 percent to 950 rupiah.
Read more at Bloomberg Emerging Markets News
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