Implementation of the ARIMA(p,d,q) method to forecasting CPI Data using forecast package in R Software

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Ansari Saleh Ahmar, Achmad Daengs Gs, Tri Listyorini, Castaka Agus Sugianto, Y. Yuniningsih, Robbi Rahim, Nuning Kurniasih

2018 Journal of Physics: Conference Series Vol. 1028 Issue 1 Conference paper Cited by 11 Quartile

Abstract

The Consumer Price Index is an index which calculates the average change in prices over a period, of a set of goods and services consumed by the population/households within a specific time. In this paper will be discussed about the forecasting of consumer price index of Indonesia using forecast package with R Software. The forecasting process this data using algorithms popularized by Rob J. Hyndman and Yeasmin Khandakar in 2008. By using this method, it is obtained a suitable ARIMA model to forecast CPI data Indonesia. The model most suitable time series is ARIMA (1,0,0). © Published under licence by IOP Publishing Ltd.

Affiliations

Department of Statistics, Universitas Negeri, Makassar, Indonesia; Universitas 45 Surabaya, Surabaya, Indonesia; Teknik Informatika, Universitas Muria, Kudus, Indonesia; Teknik Informatika-Politeknik TEDC, Bandung, Indonesia; Department of Management, Faculty Economic and Business, Universitas Pembangunan Nasional Veteran, Jawa Timur, Indonesia; School of Computer and Communication Engineering, Universiti Malaysia Perlis, Perlis, Malaysia; Faculty of Communication Sciences, Universitas Padjadjaran, Jawa Barat, Bandung, 45363, Indonesia