Economica: Journal of Economic and Economic Education
Vol 12, No 2 (2024): Economica: Journal Of Economic And Economic Education

MACROECONOMIC ANALYSIS OF INFLATION: EVIDENCE FROM EASTERN INDONESIA

Prince Charles Heston Runtunuwu (Khairun University)
Hanafi Hussin (Malaya Universiti)



Article Info

Publish Date
25 Jun 2024

Abstract

This study aims to determine the money supply, interest rates and exchange rates against inflation. This research data uses secondary data with the time series method obtained from the North Maluku Bank Indonesia (BI) and North Maluku Central Statistics Agency (BPS) from 2010-2020. The method used in this research is multiple linear regression. Based on the results of the study showed that the simultaneous testing showed that of the three variables, there was no effect. Based on the above findings that inflation is mostly influenced by interest rates, if interest rates rise it will increase inflation. Because interest rates have the most dominant contribution in increasing inflation, therefore the monetary authority must try to maintain interest rates for inflation stability.

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Journal Info

Abbrev

economica

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Economica: Journal Of Economic And Economic Education, sebuah jurnal internasional elektronik, menyediakan forum untuk menerbitkan artikel penelitian asli, artikel ulasan dari pakar yang diundang, dan berita teknologi baru yang terkait dengan Riset ekonomi dan Riset pendidikan ekonomi. Jurnal ini ...