ANALISIS HUBUNGAN SUKU BUNGA KREDIT DAN INFLASI DI INDONESIA SELAMA KURUN WAKTU 2015-2024
DOI:
https://doi.org/10.46975/kv822z34Keywords:
lending interest rate, inflation, banking, central bank, policyAbstract
Inflation as an indicator of price stability and lending interest rates as a representation of borrowing costs are theoretically linked through the central bank’s policy rate mechanism. This study aims to analyze the relationship between inflation and lending interest rates in Indonesia during the period 2015–2024. The study employs monthly data over a ten-year period and applies descriptive analysis, correlation analysis, and simple linear regression to measure the strength and direction of the relationship between the two variables. The results indicate that the relationship between inflation and lending interest rates is weak, and the regression coefficient is positive but not statistically significant. These findings suggest that inflation explains only a small portion of the variation in lending interest rates. Therefore, other factors, such as policy rate decisions and banking conditions, are likely to play a more dominant role in determining lending interest rates in Indonesia. Overall, the findings indicate that during the period under study, inflation was not the primary determinant of changes in lending interest rates in Indonesia.
References
Bank Indonesia. (2016). Penguatan kerangka operasi moneter melalui BI 7-Day Reverse Repo Rate (BI7DRR). Jakarta: Bank Indonesia.
Fahmi, H. F., Habibbah, N. R., Putri, G., Deviyanti, D., Maesaroh, S. S., & Nabila, S. (2023). Analisis pengaruh suku bunga dan inflasi terhadap tingkat kredit macet di perbankan Indonesia. Jurnal Ekonomi, Manajemen, Akuntansi dan Keuangan (EMAK), 6(3), 48–60.
Fauzianto, Y., Nurjanah, R., & Mustika, C. (2025). Pengaruh suku bunga, inflasi, nilai tukar, dan PDB terhadap kredit investasi pada perbankan di Indonesia. Jurnal Paradigma Ekonomika, 20(1), 85–96.
Indonesia. (1998). Undang-Undang Republik Indonesia Nomor 10 Tahun 1998 tentang Perubahan atas Undang-Undang Nomor 7 Tahun 1992 tentang Perbankan. Lembaran Negara Republik Indonesia Tahun 1998 Nomor 182.
Ismail. (2010). Manajemen perbankan: Dari teori menuju aplikasi. Jakarta: Kencana Prenada Media Group.
Kasmir. (2010). Manajemen Perbankan. Jakarta: Rajawali Pers.
Lossu, J. T., Rotinsulu, T. O., & Maramis, M. B. (2023). Analisis pengaruh tingkat suku bunga, inflasi dan PDRB terhadap permintaan kredit pada Bank SulutGo. Jurnal Berkala Ilmiah Efisiensi, 23(9).
Mamuaja, R., Saerang, I. S., & Tasik, H. (2024). Analisis pengaruh uang beredar, suku bunga, dan inflasi terhadap pertumbuhan kredit perbankan di Indonesia sebelum dan sesudah pandemi COVID-19. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 12(03), 1145–1158.
Mishkin, F. S. (2016). The economics of money, banking, and financial markets (11th ed.). Pearson Education
Syahputra, T. Y., & Kornitasari, Y. (2020). Pengaruh pertumbuhan ekonomi, inflasi dan BI Rate terhadap loan to deposit ratio (LDR) di Indonesia. Journal of Regional Economics Indonesia, 3(1)
Sunariyah. (2013). Pengantar pengetahuan pasar modal (6th ed.). Yogyakarta: UPP STIM YKPN.
