Consumer Price Index/Inflation Growth of Kepulauan Riau Province 2020

The Consumer Price Index (CPI) is an important economic indicator that can provide information on developments in the price of goods / services paid by consumers. The CPI calculation is intended to determine changes in the price of a group of goods / services generally consumed by the public. Changes in the CPI from time to time reflect the rate of increase (inflation) or the rate of decline (deflation) of daily household goods / services. The rate of change in the CPI (inflation / deflation) that occurs automatically reflects the purchasing power of the money used by the public to meet their daily needs.However, in 2020, economic conditions are faced with a number of challenges, namely the Covid-19 pandemic which has resulted in restrictions on people's mobility so that economic activity has sharply decreased in terms of consumption, production and distribution. Covid-19 also has an impact on decreasing people's purchasing power and disrupting the production process. This condition greatly affects the price level of goods in society.Up-to-date and comprehensive macroeconomic data for development planning and evaluation, such as price developments, is something that needs to be prepared carefully and thoroughly. The Inflation of Kepulauan Riau Publication 2020 is a publication published by Statistics of Kepulauan Riau Province as an effort to meet the demands of this need.