The Impact of Inflation on Stock Price: An Emperical Study of Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2019-2021 Period

Authors

  • Debbie Christine Faculty of Economics and Business, Widyatama University, Bandung, Indonesia
  • Ayu Putri Fauziah Faculty of Economics and Business, Widyatama University, Bandung, Indonesia
  • Nazira Agnia Indriyani Faculty of Economics and Business, Widyatama University, Bandung, Indonesia

DOI:

https://doi.org/10.1229/tecempresarialjournal.v18i1.129

Keywords:

Inflation, Stock Price.

Abstract

This study investigates the impact of inflation on stock prices. The research used an explanatory method. The population in this study are 26 manufacturing companies in the food and beverage sub-sector which are listed on the Indonesia Stock Exchange for the 2019-2021 period. The sample in this research was carried out using a nonprobability sampling technique and also purposive sampling method. The number of samples in this research was 19 companies. The analysis technique used the classical assumption test, simple regression analysis with panel data method at a significance level of 5%, and also hypothesis testing. Eviews 10 was applied for statistical calculation. The results of this study indicate that the inflation affects stock prices.Inflation, Stock Price.

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Published

2023-01-27

How to Cite

Christine, D., Fauziah, A. P., & Indriyani, N. A. (2023). The Impact of Inflation on Stock Price: An Emperical Study of Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2019-2021 Period. TEC EMPRESARIAL, 18(1), 53–62. https://doi.org/10.1229/tecempresarialjournal.v18i1.129