The Impact of Subsidized Fuel Price Increases on Public Consumption in Kendari City

Authors

  • Syamsir Nur Department of Development Economics, Faculty of Economics and Business, Halu Oleo University, Indonesia
  • Syamsul Anam Department of Development Economics, Faculty of Economics and Business, Halu Oleo University, Indonesia
  • Abdul Muh. Safrin Department of Development Economics, Faculty of Economics and Business, Halu Oleo University, Indonesia

Keywords:

Consumption of Fuel Oil, Consumption of Staple Food Types, Subsidized Fuel Oil

Abstract

The purpose of this study was to determine the impact of the increase in the price of subsidized fuel oil on the food consumption of people who received the Family Hope Program (PKH) in Kendari City after the removal of subsidized fuel oil. This study used the descriptive statistics method. The results stated that the average fuel consumption expenditure of PKH beneficiary societies was smaller before the subsidized fuel price increase occurred, namely IDR 167,737.37/month, while the average after the increase in subsidized fuel prices was greater, namely IDR 192,888.89/month. The average food consumption expenditure for staple food types of PKH beneficiaries was smaller before the increase in subsidized fuel prices, namely, IDR 42,242.42 per day, while the average after the increase in fuel prices was larger, namely IDR 57,828.28 per day. Thus, based on the results, it can be concluded that there was an increase in the price of subsidized fuel oil (BBM) which had an impact on the consumption of fuel oil and consumption of staple food types in every household in Kendari City in 2014.  2022 and it provided a significant impact on the consumption of food types in the society of Kendari City which received PKH in 2022.

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Published

2023-09-20

How to Cite

Nur, S., Anam, S. ., & Safrin, A. M. . (2023). The Impact of Subsidized Fuel Price Increases on Public Consumption in Kendari City. Indonesian Annual Conference Series, (Proceedings of IACS-HOICEB), 198-204. Retrieved from https://ojs.literacyinstitute.org/index.php/iacseries/article/view/1111