I Bagus Putu Swardanasuta
Politeknik Statistika STIS

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Forecasting Indonesian Monthly Rice Prices at Milling Level Using Google Trends and Official Statistics Data I Bagus Putu Swardanasuta; Wahyuni Andriana Sofa; Siti Muchlisoh; Arie Wahyu Wijayanto
Joint International Conference 2026: The 2nd Indonesia Forum on Labour and Productivity (IFLP) & The 4th International Conference on Data Science and Official Statistics (ICDSOS) Vol. 2025 No. 1 (2025): Proceedings of 2025 International Conference on Data Science and Official St
Publisher : Politeknik Statistika STIS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34123/icdsos.v2025i1.521

Abstract

Hunger is a very complex social issue to address. Alleviating hunger is closely related to achieving food security, which is a goal in realizing the second Sustainable Development Goals (SDGs), zero hunger. The most frequently consumed food commodity by the Indonesian population is rice, which has fluctuating prices in the market. Therefore, price forecasting is necessary so that the government can take preventive measures against rice price increases at certain times. Research on rice price forecasting using big data from Google Trends is still very rare in Indonesia, even though Google Trends has great potential to reflect the public's search popularity for certain keywords. Therefore, this study aims to forecast the monthly medium rice price in Indonesia at the milling level using exogenous variables of dried milled grain prices and the popularity index of related keywords on Google Trends. The forecasting is conducted using Seasonal Autoregressive Integrated Moving Average (SARIMA), SARIMA with Exogenous Variables (SARIMAX), and Extreme Gradient Boosting (XGBoost) models. The SARIMAX model has the best performance in forecasting rice prices, with a Root Mean Squared Error (RMSE) of 941.6933, Mean Absolute Error (MAE) of 817.9021, and Mean Absolute Percentage Error (MAPE) of 0.0620.