Analysis of the Increase in the Price of Basic Foodstuffs on Inflation in Central Java Province

Abstract

The most basic human needs are clothing, shelter, and food. Price increases for basic foodstuffs are common in Indonesia. The high demand and supply in the market, which isn't matched by food productivity, make foodstuffs experience price changes very quickly. This inability resulted in the price of food staples in the market increasing, thus driving the inflation rate. The analysis will focus on staple food commodity prices as the main driver of inflation. This research will apply descriptive and exploratory qualitative research methods, by collecting data through literature searches for information whose content requires philosophical and theoretical processing. The data will then be processed using data analysis techniques. The results show that there is an increase in the price of basic foodstuffs that has an impact on the inflation rate in the Central Java region. This research will provide insight into the relationship between staple food prices and inflation, which is very important for economic and agricultural stakeholders and policymakers.