Analysis of the Effect of the COVID-19 Pandemic on the Prices of Basic Food Sold in Traditional Markets: The Case of Jakarta Province, Indonesia

Year 2021, , 116 - 124, 01.12.2021

Zahraturrahmi Zahraturrahmı Vecdi Demırcan Radu Adrian Moraru Dan Bodescu

https://doi.org/10.16882/hortis.1012446

Abstract

The purpose of this study was to analyze the development and fluctuation of basic food prices in traditional markets in Jakarta before and during the coronavirus disease (COVID-19) pandemic. The study used performance reports from the Indonesian Central Statistical Institute (BPS), National Center for Food Price Information (PHPI), various government agencies, the latest news from reliable online media, and similar studies. The scope of the research focused on the development of basic food prices in traditional markets from January 2019 to May 2021 in Jakarta, Indonesia. The basic food prices discussed in this study were shallots, rice, red chili, and garlic. Results showed that, the impact of the COVID-19 pandemic on the price fluctuations of shallots in the traditional markets of Jakarta was not significant. During the COVID-19 pandemic, rice prices remained stable due to the government's welfare program. The price of red chili in traditional markets tended to decrease due to the COVID-19 outbreak. The COVID-19 pandemic caused fluctuations in garlic prices in traditional markets in Jakarta, and this was because garlic imports from China faced logistical difficulties.

Keywords

Food supply, Global pandemic, Price fluctuation, COVID-19

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