ETNIK : Jurnal Ekonomi dan Teknik
Vol 1 No 3 (2021): ETNIK : Jurnal Ekonomi dan Teknik

Pertumbuhan Ekonomi Dan Inflasi Di Indonesia Pada Masa Pandemi

Eka Purnama Sari (UIN Sumatera Utara)
Fadia Salsabila Rahmawan (UIN Sumatera Utara)
Nurul Jannah (UIN Sumatera Utara)



Article Info

Publish Date
20 Dec 2021

Abstract

The Covid-19 pandemic has caused recessions in many countries around the world. This happened after economic growth in the first and second quarters of 2020. Some of the countries experiencing recession are Singapore, South Korea, Germany, Japan, France, Hong Kong, and the United States. If the economic growth in each quarter is also negative, Indonesia will experience a recession. The Central Statistics Agency (BPS) noted that Indonesia's economic growth rate fell to minus (5.32%) in the second quarter of 2020. Previously, Indonesia's economic growth in the first quarter of 2020 was 2.97% or started to slow down. Inflation is a tendency to increase the prices of goods and services in general, which continues continuously, which will reduce the purchasing power of the public, especially for low-income groups. Therefore, it is hoped that there will be a control over the rate of inflation, especially during the Covid 19 Pandemic which had an impact on Indonesia's macro conditions. This observation discusses "The Impact of the Covid-19 Pandemic on Indonesia's Inflation Rate", aims to determine the effect of the Covid-19 Pandemic on the Level of Inflation in Indonesia. The results of this observation show that in March 2020 there was inflation of 2.96% year on year (yoy), with an increase in the price of gold jewelery and several food prices that experienced a quite drastic increase.

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Journal Info

Abbrev

etnik

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Electrical & Electronics Engineering Industrial & Manufacturing Engineering Mechanical Engineering

Description

ETNIK : Jurnal Ekonomi dan Teknik provides a means for ongoing discussion of the relevant issues that fall within the focus and scope of the journal that can be examined empirically. This journal publishes research articles in the Economic History, Applied Economics, Business and Finance, ...