Pengaruh Jumlah Uang Beredar (M2) Terhadap Inflasi Di Indonesia Tahun 2008–2022

Abstract

This study aims to analyze the effect of money supply (M2) on inflation in Indonesia during the period 2008-2022. The population of this research includes economic data related to money supply (M2) and inflation in Indonesia, with a sample consisting of annual data from 2008 to 2022 obtained from publications by the Central Bureau of Statistics and Bank Indonesia. The research method used is quantitative with a simple linear regression approach to test the relationship between the independent variable (M2) and the dependent variable (inflation). Data analysis techniques include classical assumption tests, regression analysis, and hypothesis testing to determine the significant effect between M2 and inflation. The results show a significant negative relationship between money supply (M2) and inflation in Indonesia, where each unit increase in M2 tends to decrease inflation by 0.814. The R Square value of 0.464 indicates that 46.4% of the variability in inflation can be explained by changes in M2. This research emphasizes the importance of controlling the money supply as a monetary policy instrument to maintain inflation stability and the Indonesian economy.