PENGARUH JUMLAH UANG BEREDAR, SUKU BUNGA DAN NILAI TUKAR RUPIAH TERHADAP INFLASI DI INDONESIA PERIODE 2018-2021
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Abstract
The purpose of this study was to determine the effect of the money supply, interest rates and the rupiah exchange rate on inflation in Indonesia for the 2018-2021 period. The method used is a quantitative research method. The sampling technique in this study was carried out by purposive sampling and macro time series data published by Bank Indonesia during the 2018-2021 period covering data on the money supply, interest rates and exchange rates for the monthly period. The results of the study, namely based on the F test, showed that the model used in the study was correct with a significant level below 0.05, namely 0.000. This shows that the variables of the money supply, interest rates and exchange rates if tested simultaneously or together have a positive and significant effect on inflation. The t-test shows that the money supply and the rupiah exchange rate have no effect on inflation with a significance value of 0.741 and 0.052, respectively, while interest rates affect inflation with a significance value of 0.008 0.05. The money supply, interest rates and rupiah exchange rate affected inflation by 59.6%.