Determinants of Inflation in West Sumatra

DOI

10.2991/978-94-6463-839-4_25How to use a DOI?

Keywords

Inflation; Fuel Prices; Provincial Minimum Wage; Interest Rate

Abstract

The purpose of this study is to examine four factors related to inflation in West Sumatra: (1) the impact of fuel prices on inflation, (2) the impact of the provincial minimum wage on inflation, (3) the impact of interest rates on inflation, and (4) the partial impact of fuel prices, minimum wages, and interest rates on inflation. This study employs time series data from 1991 until 2020 with numerous regression analysis techniques. Secondary data from Bank Indonesia and the West Sumatra Province Central Statistics Agency serve as the data source. The study’s findings indicate that (1) West Sumatra’s inflation is positively impacted by the gasoline price variable, but not significantly. (2) The minimum salary in each province is a variable.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Robert Indra
AU  - Alpon Satrianto
PY  - 2025
DA  - 2025/09/16
TI  - Determinants of Inflation in West Sumatra
BT  - Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
PB  - Atlantis Press
SP  - 287
EP  - 296
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-839-4_25
DO  - 10.2991/978-94-6463-839-4_25
ID  - Indra2025
ER  -