The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019

The economic progress of a country is surely influenced by its economic indicators. This indicator is an important thing to pay it attention. One of the economic indicators is inflation. Inflation will affect the economy aggregately. Due to the increase in inflation and inflation instability, it wil...

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Main Authors: Putri Sari Silaban, Dita Natania Harefa, Januarti Ira Melenia Napitupulu, Jessica Putri Br. Sembiring
Format: Article
Language:Indonesian
Published: Universitas 17 Agustus 1945 (UNTAG) Semarang 2021-01-01
Series:Media Ekonomi dan Manajemen
Subjects:
Online Access:http://jurnal.untagsmg.ac.id/index.php/fe/article/view/1636
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author Putri Sari Silaban
Dita Natania Harefa
Januarti Ira Melenia Napitupulu
Jessica Putri Br. Sembiring
author_facet Putri Sari Silaban
Dita Natania Harefa
Januarti Ira Melenia Napitupulu
Jessica Putri Br. Sembiring
author_sort Putri Sari Silaban
collection DOAJ
description The economic progress of a country is surely influenced by its economic indicators. This indicator is an important thing to pay it attention. One of the economic indicators is inflation. Inflation will affect the economy aggregately. Due to the increase in inflation and inflation instability, it will indicate that the level of prices for goods and services in a country is high. In the end, this will have an impact on people's interest in buying these goods or using these services. Of course, the large impact will be sustainable on national income. Therefore, this study aims to analyze the effect of interest rates and the money supply on inflation in Indonesia in 2017-2019. The types of data used in this study are quantitative data and the data sources used are taken from BPS for the 2017-2019 period. .The final result of this study showed that based on the results of the analysis, it could be concluded that interest rates and the amount of money have an impact on inflation with a significance value of 0,000296. Meanwhile, the t-test results indicate that interest rates and the money supply have an impact on inflation, respectively, with values of significance are  0.0371 and 0.0286.
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spelling doaj.art-cd2d60947b63449583bd70b59566dee42022-12-21T17:17:20ZindUniversitas 17 Agustus 1945 (UNTAG) SemarangMedia Ekonomi dan Manajemen0854-14422503-44642021-01-0136110.24856/mem.v36i1.16361127The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019Putri Sari Silaban0Dita Natania HarefaJanuarti Ira Melenia Napitupulu1Jessica Putri Br. SembiringUNIMEDEconomic Education Study Program, State University of MedanThe economic progress of a country is surely influenced by its economic indicators. This indicator is an important thing to pay it attention. One of the economic indicators is inflation. Inflation will affect the economy aggregately. Due to the increase in inflation and inflation instability, it will indicate that the level of prices for goods and services in a country is high. In the end, this will have an impact on people's interest in buying these goods or using these services. Of course, the large impact will be sustainable on national income. Therefore, this study aims to analyze the effect of interest rates and the money supply on inflation in Indonesia in 2017-2019. The types of data used in this study are quantitative data and the data sources used are taken from BPS for the 2017-2019 period. .The final result of this study showed that based on the results of the analysis, it could be concluded that interest rates and the amount of money have an impact on inflation with a significance value of 0,000296. Meanwhile, the t-test results indicate that interest rates and the money supply have an impact on inflation, respectively, with values of significance are  0.0371 and 0.0286.http://jurnal.untagsmg.ac.id/index.php/fe/article/view/1636inflationinterest ratesthe money supplyindonesian income.
spellingShingle Putri Sari Silaban
Dita Natania Harefa
Januarti Ira Melenia Napitupulu
Jessica Putri Br. Sembiring
The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
Media Ekonomi dan Manajemen
inflation
interest rates
the money supply
indonesian income.
title The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
title_full The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
title_fullStr The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
title_full_unstemmed The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
title_short The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
title_sort impact of bi interest rate and amount of money supply on inflation in indonesia during 2017 2019
topic inflation
interest rates
the money supply
indonesian income.
url http://jurnal.untagsmg.ac.id/index.php/fe/article/view/1636
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