Open AccessEffect of inflation, consumption credit on purchase power of the community
Author(s) -
Hartanto Halim,
Pudji Astuty,
Musa Hubeis
Publication year - 2022
Publication title -
international journal of management, it and social sciences
Language(s) - English
Resource type - Journals
ISSN - 2395-7492
DOI - 10.21744/irjmis.v9n2.2049
Subject(s) - purchasing power , per capita , consumption (sociology) , inflation (cosmology) , purchasing , economics , power (physics) , monetary economics , business , demographic economics , macroeconomics , demography , population , operations management , social science , physics , quantum mechanics , sociology , theoretical physics
The people's purchasing power as seen through per capita expenditure adjusted for the province of West Java during the last 4 years 2017-2020, tends to increase and in the last year the purchasing power of the people of West Java has decreased due to the influence of the COVID-19 pandemic. The purpose of this study is to analyze the effect of inflation and consumption credit on people's purchasing power in the province of West Java. The results of the study show that inflation and the distribution of banking consumption credit simultaneously have a significant effect on people's purchasing power. Partially, inflation has a negative and significant effect on people's purchasing power, while banking consumption credit has a positive and significant impact on people's purchasing power, economic growth, income per capita and other unknown variables.