Business and Economic Publication
Vol. 4 No. 2 (2026): Business and Economic Publication

Dinamika Inflasi, Suku Bunga, dan Pertumbuhan Ekonomi Jawa Timur: Analisis Empiris Periode 2011–2024

Syafa Salsabella (Universitas KH. A. Wahab Hasbullah)
Siti Nur Qomariyah (Uiversitas KH. A. Wahab Hasbullah)
Azhar Irfana Gangsar (Uiversitas KH. A. Wahab Hasbullah)



Article Info

Publish Date
16 Aug 2026

Abstract

Economic growth is a key indicator of regional development success, influenced by various macroeconomic factors, including inflation and interest rates. This study aims to analyze the impact of inflation and interest rates on the economic growth of East Java Province during the 2011–2024 period. A quantitative approach was employed using secondary data from Statistics Indonesia (BPS) and Bank Indonesia (BI). The analysis utilized classical assumption tests, multiple linear regression, t-tests, F-tests, and the coefficient of determination. The results indicate that inflation has a positive but insignificant effect (coefficient: 0.196; significance: 0.173), whereas interest rates have a positive and significant effect (coefficient: 0.294; significance: 0.044). Simultaneously, both variables exert a significant influence, with a significance value of 0.015 and an R-squared value of 0.537. The findings suggest that interest rates play a more substantial role than inflation in influencing economic growth in East Java.

Copyrights © 2026






Journal Info

Abbrev

bep

Publisher

Subject

Economics, Econometrics & Finance

Description

Business and Economic Publication has a scope study on the family of management science and business economics with the topic: Marketing management Human resource management Financial management Operational management Development economy Management economics ...