Artificial Neural Network Model for Forecasting Inflation Rate in Indonesia Using Backpropagation Algorithm in Indonesia

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Název: Artificial Neural Network Model for Forecasting Inflation Rate in Indonesia Using Backpropagation Algorithm in Indonesia
Autoři: null Fajrin Putra Hanifi, null Syafriandi, null Chairina Wirdiastuti
Zdroj: Rangkiang Mathematics Journal. 4:24-31
Informace o vydavateli: Universitas Negeri Padang, 2025.
Rok vydání: 2025
Popis: Inflation is defined as a general and persistent rise in prices. Stable inflation is a prerequisite for sustainable Inflation, defined as a general and persistent rise in prices. Stable inflation is a prerequisite for sustainable economic growth. The importance of controlling inflation is based on the consideration that high and unstable inflation hurts the socio-economic conditions of the community. In this context, government and economic agents must know the future inflation rate. The backpropagation algorithm forecasting method can be a mathematical tool to forecast future inflation rates. The best forecasting model is obtained from applying the backpropagation algorithm, namely ANN BP (12,2,1), with a mean square error value of 0.15 and an absolute percentage error value of 11.09%. Based on these results, the back-propagation algorithm in artificial neural networks can accurately forecast the inflation rate. Thus, it is hoped that this research can be used in economic decision-making.
Druh dokumentu: Article
ISSN: 2716-0734
2716-0726
DOI: 10.24036/rmj.v4i1.75
Přístupové číslo: edsair.doi...........bd90dc2a38f296e067ae2c74b50484da
Databáze: OpenAIRE
Popis
Abstrakt:Inflation is defined as a general and persistent rise in prices. Stable inflation is a prerequisite for sustainable Inflation, defined as a general and persistent rise in prices. Stable inflation is a prerequisite for sustainable economic growth. The importance of controlling inflation is based on the consideration that high and unstable inflation hurts the socio-economic conditions of the community. In this context, government and economic agents must know the future inflation rate. The backpropagation algorithm forecasting method can be a mathematical tool to forecast future inflation rates. The best forecasting model is obtained from applying the backpropagation algorithm, namely ANN BP (12,2,1), with a mean square error value of 0.15 and an absolute percentage error value of 11.09%. Based on these results, the back-propagation algorithm in artificial neural networks can accurately forecast the inflation rate. Thus, it is hoped that this research can be used in economic decision-making.
ISSN:27160734
27160726
DOI:10.24036/rmj.v4i1.75