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Factors Influencing Strategic Food Price Fluctuations Against Inflation in Pangkalpinang City

In: Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023)

Author

Listed:
  • Darman Saputra

    (Bangka Belitung University)

  • Julia Julia

    (Bangka Belitung University)

  • Ari Agung Nugroho

    (Bangka Belitung University)

  • Dony Yanuar

    (Bangka Belitung University)

Abstract

The research aims to analyze the influence of food prices on the development of inflation in Pangkalpinang. Analysis of the influence of food prices on the development of inflation is needed to evaluate changes in food prices that cause and contribute to inflation. The analytical method used is multiple linear regression. The data used in the multiple linear regression analysis is secondary data on food prices, namely the prices of rice, chicken meat, beef, chicken eggs, onions, garlic, red chilies, cayenne peppers, cooking oil, granulated sugar, and inflation for the period January 2022 to September 2023. The results of the analysis show that the food ingredient variables that have a significant effect are shallots, rice, garlic, beef, red chilies, cayenne pepper, and chicken eggs. Food items such as rice, garlic, cayenne pepper, and beef have a positive effect on inflation.

Suggested Citation

  • Darman Saputra & Julia Julia & Ari Agung Nugroho & Dony Yanuar, 2024. "Factors Influencing Strategic Food Price Fluctuations Against Inflation in Pangkalpinang City," Advances in Economics, Business and Management Research, in: Rolland Fanggidae & Paulina Amtiran & Petrus de Rozari & Doppy Roy Nendissa & I Komang Arthana & Tom (ed.), Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023), pages 19-31, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-411-2_3
    DOI: 10.2991/978-94-6463-411-2_3
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