Price Development Indicator as a Proxy for Inflation: A Case Study in Brebes Regency
Catur Raharjo Febrayanto,
Ilmiawan Surya Bayuaji and
Rosidah
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Catur Raharjo Febrayanto: Regional Development Planning, Research, and Development Agency
Ilmiawan Surya Bayuaji: Regional Development Planning, Research, and Development Agency
Rosidah: Economic Division of the Brebes Regency Secretary General
International Journal of Research and Innovation in Applied Science, 2024, vol. 9, issue 10, 442-450
Abstract:
This study examines the impact of inflation on the development of essential foods prices in Brebes Regency, Indonesia, using the price development indicator as a proxy for inflation. The research employed a descriptive qualitative and quantitative approach, utilizing data from the Regional Development Planning, Research, and Development Agency (Bapperlitbangda) of Brebes Regency and the Economic Division of the Brebes Regency Secretary General. The study found that there is a significant fluctuation in the prices of essential foods, with rice contributing the most to the overall price development indicator. The Brebes Regency government has implemented various measures to control inflation, focusing on ensuring the availability of essential foods, maintaining affordable prices, and fostering effective communication with stakeholders. These efforts aim to mitigate the impact of inflation on the cost of living for residents and maintain economic stability in the region.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bjf:journl:v:9:y:2024:i:10:p:442-450
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