Tribratanews.polri.go.id - The surging prices of daily stock continue to push the inflation rate in Indonesia, and predicted will continue to be felt in April 2022 as consumer demand will likely escalate in the month of Ramadhan and ahead of Eid al-Fitr.
Another factor that caused the inflation is the increase in VAT to 11% starting from April 2022. BI estimates that inflation in March 2022 will reach 0.68.
Until the end of March 2022, the main contributor to inflation was the price of food items such as red chili, broiler eggs, broiler meat, tempeh, cayenne pepper, and cooking oil. Recently, the price of sugar and wheat flour has also gone up.
The increase in food prices needs to be a concern of the government. Weinberg & Bakker (2014) assert that food prices are will have a greater impact on the community than other products. Foodstuffs held an important role because they are a major need and the proportion of household income spent on food is very large. Residents will always be forced to buy food at any price because they need to eat.
If left unchecked, Smith (2014) states, that it can be a trigger or a catalyst for insurgency--though that only happens if the root causes of economic problems are long-standing.
Heslin (2020) continued that the lack of opportunity to get food can be the cause of broader criminal actions such as political corruption and labor rights violations. Foodstuffs have a symbolic power to mobilize people against those in power.
That is why attention to the availability of food supplies and prices needs to be a concern of all people because this issue is not only related to the economy but also has a big influence on political and security aspects.
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