Evaluation of the Regional Inflation Control Team's (TPID) Performance on the Medan City Economy

Siti Nurhalizah Lubis (Program Studi Ekonomi Islam, Fakultas Ekonomi dan Bisnis Islam, Universitas Islam Negeri Sumatera Utara)
Andri Soemitra (Universitas Islam Negeri Sumatera Utara)

Jurnal Ekonomi, Manajemen, Bisnis dan Akuntansi Review
Vol. 2 No. 1 (2022): Juni

Inflation is a macroeconomic indicator which very important because it affects the value of money so the impact is directly felt by the public. In general, inflation is defined as a continuous increase in the public prices of an economy. Inflation is a symptom of rising prices that are general and take place continuously. Only a general increase in prices can be called inflation. An increase in the price of certain commodities due to seasonal factors, as an example ahead of big days or a temporary supply disruption and has no further effect, is not called inflation. This study evaluates the performance of the Regional Inflation Control Team (TPID) for the city of Medan.