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All Journal BALANCE: Economic, Business, Management and Accounting Journal Oeconomicus Journal of Economics
Aditama Putra Mukti Wibawa, Wahyu
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Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences

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The Forecasting Inflation Movements in East Java Province Using the Auto-Regressive Integrated Moving Average (ARIMA) Approach Budi Prasasti, Karari; Murdiyanto, Edi; Dwi Yulianti, Tiara; Aditama Putra Mukti Wibawa, Wahyu
BALANCE: Economic, Business, Management and Accounting Journal Vol 22 No 1 (2025): Januari
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v22i1.24530

Abstract

East Java is the province with the largest population in Indonesia. In addition, East Java's economic growth rate is the highest on the island of Java. The economic growth needs to be supported by other economic indicators. One of the most important macroeconomic indicators is inflation. This study discusses the inflation forecasting for East Java towards the end of 2024. Financial forecasting is crucial as it serves as the basis for government decision-making. The forecasting technique used in this study is ARIMA. The tests indicated that inflation in East Java will decrease towards the end of the year. In December, East Java will experience deflation of -1.75%. Meanwhile, in January and February 2025, the inflation rates were -2.07 and -2.39, respectively. Therefore, the East Java government must implement policies to anticipate this situation.
The Forecasting Inflation Movements in East Java Province Using the Auto-Regressive Integrated Moving Average (ARIMA) Approach Budi Prasasti, Karari; Murdiyanto, Edi; Dwi Yulianti, Tiara; Aditama Putra Mukti Wibawa, Wahyu
BALANCE: Economic, Business, Management and Accounting Journal Vol 22 No 1 (2025): Januari
Publisher : UMSurabaya Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/blc.v22i1.24530

Abstract

East Java is the province with the largest population in Indonesia. In addition, East Java's economic growth rate is the highest on the island of Java. The economic growth needs to be supported by other economic indicators. One of the most important macroeconomic indicators is inflation. This study discusses the inflation forecasting for East Java towards the end of 2024. Financial forecasting is crucial as it serves as the basis for government decision-making. The forecasting technique used in this study is ARIMA. The tests indicated that inflation in East Java will decrease towards the end of the year. In December, East Java will experience deflation of -1.75%. Meanwhile, in January and February 2025, the inflation rates were -2.07 and -2.39, respectively. Therefore, the East Java government must implement policies to anticipate this situation.
THE INFLUENCE OF MACROECONOMIC VARIABLES ON THE HUMAN DEVELOPMENT INDEX: EVIDANCE FROM MADURA ISLAND Budi Prasasti, Karari; Akbar , Taufik; aditama putra mukti wibawa, Wahyu
OECONOMICUS Journal of Economics Vol. 10 No. 1 (2025): (December) edisi 19
Publisher : Program Studi Ilmu Ekonomi UIN Sunan Ampel Surabaya

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Abstract

The Human Development Index (HDI) is an important parameter for assessing the extent to which inclusive and equitable development has been achieved, both at the national and regional levels. Madura, an archipelago consisting of four districts, namely Bangakalan, Sampang, Pamekasan, and Sumenep, is an integral part of East Java Province. This study analyzes economic variables, including economic growth, unemployment rates, and poverty, which affect the Human Development Index on Madura Island. The data in this study is panel data from four regencies on Madura Island from 2020 to 2024. The data analysis used in this study is panel analysis. The data used in this study is secondary data sourced from the Central Statistics Agency (BPS). The results of the analysis show that the variables of poverty and unemployment have a significant effect on the Human Development Index variable on Madura Island. Meanwhile, the economic growth variable has no significant effect on the Human Development Index on Madura Island. Therefore, the district governments in Madura must focus more on eradicating poverty and unemployment in order to improve the Human Development Index in their regions
Co-Authors Akbar , Taufik Dwi Yulianti, Tiara Murdiyanto, Edi Prasasti, Karari Budi