Inflation volatility in indonesia using arima model: Before and during covid-19

Setyo Tri Wahyudi; Rihana Sofie Nabella; Kartika Sari

doi:10.1108/S1571-03862021000029A024

Inflation volatility in indonesia using arima model: Before and during covid-19

Setyo Tri Wahyudi
, Rihana Sofie Nabella
, Kartika Sari

Faculty of Economics and Business

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

This study examines the volatility of inflation in Indonesia before and during COVID-19, focusing on people’s purchasing power. The high inflation variability makes future price expectations uncertain, creating risks in the long run and uncertainty in wealth redistribution. The ARIMA model was used from January 2005 to June 2020. The results show that the ARMA (0.1) model is suitable for testing inflation volatility in Indonesia. Forecasting results show that inflation for the next six months will still be under pressure due to COVID-19.

Original language	English
Title of host publication	International Symposia in Economic Theory and Econometrics
Publisher	Emerald Group Holdings Ltd.
Pages	151-168
Number of pages	18
DOIs	https://doi.org/10.1108/S1571-03862021000029A024
Publication status	Published - 2021

Publication series

Name	International Symposia in Economic Theory and Econometrics
Volume	29A
ISSN (Print)	1571-0386

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being
SDG 10 Reduced Inequalities

Keywords

ARIMA
COVID-19
Inflaforecasting
Inflation
Inflation volatility
Price level

Access to Document

10.1108/S1571-03862021000029A024

Cite this

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Inflation volatility in indonesia using arima model: Before and during covid-19. / Wahyudi, Setyo Tri; Nabella, Rihana Sofie; Sari, Kartika.
International Symposia in Economic Theory and Econometrics. Emerald Group Holdings Ltd., 2021. p. 151-168 (International Symposia in Economic Theory and Econometrics; Vol. 29A).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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AU - Nabella, Rihana Sofie

AU - Sari, Kartika

PY - 2021

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KW - Inflaforecasting

KW - Inflation

KW - Inflation volatility

KW - Price level

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ER -

Inflation volatility in indonesia using arima model: Before and during covid-19

Abstract

Publication series

UN SDGs

Keywords

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