Factors Influencing The Inflation of Indonesia In Islamic Perspectives

Anton Bawono

doi:10.29040/jiei.v5i2.579

Authors

Anton Bawono Faculty of Islamic Economics and Business, IAIN Salatiga, Indonesia

DOI:

https://doi.org/10.29040/jiei.v5i2.579

Keywords:

Inflation, money supply, interest rates, economic growth

Abstract

The purpose of the study is to identify the factors that influence inflation, using secondary data from 1987 to 2017. Methods for analyzing data using multiple linear regression. The result of the study shows that money supply has a positive and significant effect on inflation while economic growth has a negative and significant effect on inflation occurs in Indonesia. While interest rates do not have an influence on inflation occurs in Indonesia.

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