Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani

Inflation has always been continues issues over the time in Malaysia. The objective of this study is to identify the significant relationship between macroeconomic variables and inflation rate in Malaysia. This study is conducted to determine the relationship between independent variables which are...

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Main Authors:	Azmee, Siti Raidah, Ab Ghani, Norsafrinah
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2018
Subjects:	Macroeconomics Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Online Access:	http://ir.uitm.edu.my/id/eprint/23599/ http://ir.uitm.edu.my/id/eprint/23599/1/PPb_SITI%20RAIDAH%20AZMEE%20M%20BM%2018_5.pdf

id	uitm-23599
recordtype	eprints
spelling	uitm-235992019-03-29T01:28:08Z http://ir.uitm.edu.my/id/eprint/23599/ Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani Azmee, Siti Raidah Ab Ghani, Norsafrinah Macroeconomics Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Inflation has always been continues issues over the time in Malaysia. The objective of this study is to identify the significant relationship between macroeconomic variables and inflation rate in Malaysia. This study is conducted to determine the relationship between independent variables which are money supply, interest rate, exchange rate and oil price (crude) towards inflation rate in Malaysia. The monthly time series data were obtained from Thomson Reuters DataStream and this study covers the period between October 2009 until May 2018. The tools or technique that have been used and applied to estimate the relationship between dependent variable and independent variables is Multiple Linear Regression Model. Overall findings based on Multiple Linear regression, the result concludes that money supply has statistically significant impact towards inflation rate in Malaysia with negative correlation. Meanwhile, interest rate also has a significant relationship towards inflation rate in Malaysia with a positive correlation. However, exchange rate and oil price (crude) were found to be insignificant relationship towards inflation rate in Malaysia. Theoretically, exchange rate would bring positive impact towards inflation rate, but this paper provides different results where these independent variables have negative correlation with inflation rate. Based on the results, recommendations are made for policymakers and industry to help them in mapping out suitable policies that will help them in the future. Faculty of Business and Management 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23599/1/PPb_SITI%20RAIDAH%20AZMEE%20M%20BM%2018_5.pdf Azmee, Siti Raidah and Ab Ghani, Norsafrinah (2018) Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Macroeconomics Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
spellingShingle	Macroeconomics Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Azmee, Siti Raidah Ab Ghani, Norsafrinah Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani
description	Inflation has always been continues issues over the time in Malaysia. The objective of this study is to identify the significant relationship between macroeconomic variables and inflation rate in Malaysia. This study is conducted to determine the relationship between independent variables which are money supply, interest rate, exchange rate and oil price (crude) towards inflation rate in Malaysia. The monthly time series data were obtained from Thomson Reuters DataStream and this study covers the period between October 2009 until May 2018. The tools or technique that have been used and applied to estimate the relationship between dependent variable and independent variables is Multiple Linear Regression Model. Overall findings based on Multiple Linear regression, the result concludes that money supply has statistically significant impact towards inflation rate in Malaysia with negative correlation. Meanwhile, interest rate also has a significant relationship towards inflation rate in Malaysia with a positive correlation. However, exchange rate and oil price (crude) were found to be insignificant relationship towards inflation rate in Malaysia. Theoretically, exchange rate would bring positive impact towards inflation rate, but this paper provides different results where these independent variables have negative correlation with inflation rate. Based on the results, recommendations are made for policymakers and industry to help them in mapping out suitable policies that will help them in the future.
format	Student Project
author	Azmee, Siti Raidah Ab Ghani, Norsafrinah
author_facet	Azmee, Siti Raidah Ab Ghani, Norsafrinah
author_sort	Azmee, Siti Raidah
title	Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani
title_short	Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani
title_full	Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani
title_fullStr	Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani
title_full_unstemmed	Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani
title_sort	determinants that affect inflation rate in malaysia: money supply, interest rate, exchange rate and oil price (crude) / siti raidah azmee and norsafrinah ab ghani
publisher	Faculty of Business and Management
publishDate	2018
url	http://ir.uitm.edu.my/id/eprint/23599/ http://ir.uitm.edu.my/id/eprint/23599/1/PPb_SITI%20RAIDAH%20AZMEE%20M%20BM%2018_5.pdf
first_indexed	2023-09-18T23:11:01Z
last_indexed	2023-09-18T23:11:01Z
_version_	1777418802707824640

Determinants that affect inflation rate in Malaysia: money supply, interest rate, exchange rate and oil price (Crude) / Siti Raidah Azmee and Norsafrinah Ab Ghani

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