<![CDATA[Rice price prediction plays a crucial role in maintaining economic stability and food security, especially in East Java, one of Indonesia's major rice production centers. This study aims to forecast premium rice prices in East Java using the ARIMA (AutoRegressive Integrated Moving Average) method. The data utilized in this research comprises premium rice prices obtained from the National Food Agency over the period from March 15, 2021, to October 17, 2024. The analysis process begins with data exploration to identify trends and seasonal patterns in the rice price data. Subsequently, the data is analyzed using ARIMA and LSTM methods, both recognized for their effectiveness in time-series forecasting. The ARIMA(1,1,1) model was selected due to its capability to capture price dynamics through its autoregressive, integrated, and moving average components, making it well-suited for linear data with minimal seasonal variation. LSTM was employed as a comparative model because it is a subset of Machine Learning that integrates computational models and neural network algorithms, offering potential improvements in prediction accuracy. The LSTM model used for prediction consists of four layers, each with 50 neurons, dropout rates of 20% and 30%, and a single output layer representing the predicted price. The results indicate the ARIMA model provides highly accurate price estimates with a Mean Absolute Percentage Error (MAPE) of 0.485%, whereas the LSTM model achieves a MAPE of 1.95%. These findings serve as a reference for policymakers and food industry stakeholders in formulating strategic measures to stabilize rice prices in East Java.]]>
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