Research Article
Inflation Persistence During the Pandemic
@INPROCEEDINGS{10.4108/eai.12-11-2022.2327350, author={Berta Dian Theodora and Heru Subiyantoro and Sugiyanto Sugiyanto}, title={Inflation Persistence During the Pandemic}, proceedings={Proceedings of the 2nd Multidisciplinary International Conference, MIC 2022, 12 November 2022, Semarang, Central Java, Indonesia}, publisher={EAI}, proceedings_a={MIC}, year={2023}, month={2}, keywords={inflation; persistence; pandemic}, doi={10.4108/eai.12-11-2022.2327350} }- Berta Dian Theodora
Heru Subiyantoro
Sugiyanto Sugiyanto
Year: 2023
Inflation Persistence During the Pandemic
MIC
EAI
DOI: 10.4108/eai.12-11-2022.2327350
Abstract
Understanding the behavior of inflation is important to do as an evaluation of the policy and the basis for making the next monetary policy. Bank Indonesia periodically determines the annual inflation rate by considering economic conditions and changes that may occur, especially when the pandemic lasts from 2020 to 2022. Inflationary conditions in the 30 months of the Covid-19 Pandemic, there were months where there was a national deflationary condition and the main driver was driven by volatile food and administered prices. The aim of the research was to determine the persistence of inflation that occurred during the pandemic in Indonesia. The method used in this research is descriptive. The research data is the monthly inflation rate from March 2020 to August 2022.