MEASURING THE EFFECTIVENESS OF INFLATION CONTROL ON THE EID AL FITR RELIGIOUS DAY IN TEGAL CITY

Abstract

Inflation can be caused by many factors, including demand, supply, and expectations. Each factor individually or together can influence inflation differently over a period of time. Inflation Control in Indonesia faces structural challenges and is influenced by regional characteristics so that it requires different handling. Important things that need to be considered in controlling inflation are commodities that have high volatility, share, depending on supply availability especially seasonal / weather constraints, and other policy instruments. It can be understood, that before the Idul Fitri religious holidays there is an increase in the prices of goods and services in almost all regions in Indonesia, not least in Tegal City. The efforts to control regional inflation carried out by the Regional Inflation Control Team (TPID) carried out are no more than routine activities so that they are often ineffective in achieving the expected inflation control goals. As part of inflation control risk management in Tegal City, it is necessary to do any commodity-commodity inventory that contributes both the frequency and contribution of influencing inflation in Tegal City on every momentum of the Idul Fitri religious holidays, so that the handling of inflation is more effective and measurable. The author takes the inflation data at the momentum of Eid al-Fitr 4 (four) years from 2015-2018 which is processed simply using the Microsoft Excel program and mapped through 4 (four) awareness namely quadrant I, II, III, and IV which shows the frequency and contribution of 10 (ten) commodities that often appear in inflation at the moment of Eid al-Fitr. Furthermore, 3 (three) priority commodities are chosen for the most frequency and share in quadrant I for treatment through the strategic formulation of the things that need to be done. From the mapping done, it was concluded that the commodity of Chicken Meat, Chicken Eggs and City Transportation appeared as the cause of inflation and needed a handling strategy according to the inflation control roadmap in Indonesia, namely 4K (Supply Availability, Price Affordability, Smooth distribution, and Effective Communication).

Keyword: Inflation Control, Prices of Goods, Prices of Services, Commodity, Influencing Inflation