Journal of Innovation Research and Knowledge
Vol. 2 No. 6: November 2022

ANALYSIS OF INFLATION, PURCHASING POWER, AND ECONOMIC GROWTH DURING A PANDEMIC

Irwan Moridu (Universitas Muhammadiyah Luwuk, Indonesia)
Aris Munandar (Universitas Muhammadiyah Luwuk, Indonesia)
Rully Movie Wurarah (Universitas Papua, Indonesia)
Luckhy Natalia Anastasye Lotte (Universitas Papua, Indonesia)
, Roikhan Mochamad Aziz (UIN Jakarta, Indonesia)



Article Info

Publish Date
23 Nov 2022

Abstract

The purpose of this study to discuss about analysis of inflation, purchasing power, and economic growth during a pandemic. This research uses descriptive qualitative. This research data uses secondary data. Data analysis used qualitative data analysis. The research results show that efforts to control inflation involving the government and all relevant stakeholders managed to keep inflation at the level of 1.68 percent in 2020. Until 2021, inflation is still quite low and prices of basic necessities are quite stable. The national economy will continue to strengthen with gross domestic product in quarters I-II 2022 positive growth. The spread of the new variant of Omicron, which was feared to be a constraint to the national economy, could be overcome by starting the 3rd phase of the vaccine, namely booster. Public purchasing power continues to improve, marked by stronger growth in household consumption and national employment conditions.

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Journal Info

Abbrev

JIRK

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal of Innovation Research and Knowledge, published by Bajang Institute. Published in two formats, print and online, print version of ISSN: 2798-3471 and the online version of ISSN: 798-3641, both of which are published every month. The scope of the journal studies broadly includes: Culture (a ...