ECONOMIC IMPACT DUE TO THE COVID 19 PANDEMIC

Abstract

The impact of the trade sector, especially exports and imports, raw materials and capital goods. Production fell, goods became scarce and prices continued to rise, causing inflation. An increase in the price of goods accompanied by a decrease in income is a fatal condition for people's purchasing power. Some of the raw materials for industry in Indonesia itself are still supplied from China, which is experiencing production constraints due to quarantine in a number of areas to stem the Covid-19 pandemic. This is something extraordinary, inseparable from the role of communication technology. The rapid rate of information dissemination has created a tremendous panic in society. The implication is to change people's behavior. One of the causes of this panic is the imbalance between demand and supply.