The increase in the price of an item has a limit. If it rises above the ability to pay, the customer will stop buying and switch completely to another alternative.

The global demand for oil has increased, partly caused by pent-up demand during the pandemic, amid the decline in the world’s oil supply due to stagnant investment and the transition to renewable energy.

The number of poor people recorded is expected to increase in 2020. Quality growth must be encouraged in addition to government assistance to overcome the impact of Covid-19.

The rupiah depreciation is still normal, and actually not at its worst. The current account deficit is also in the 2 percent range against the gross domestic product (GDP), and inflation is below 4 percent.