ANALISIS PENGARUH INFLASI DAN SUKU BUNGA TERHADAP RETURN SAHAM PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013-2022

Abstract

This research aims to determinethe effect of inflation and interest rates on stock returns of food and beverage companies that listed at Indonesia Stock Exchange from 2013-2022.

This research uses secondary data with a quantitative descriptive approach. The population in this study were all food and beverage companies that listed on the Indonesia Stock Exchange from 2013-2022, while the samples in this study were 11 food and beverage companies that met the research criteria. The sample was determined using purposive sampling technique. The data analysis technique in this study uses multiple linear regression analysis processed with JASP.

The research results show (1) Inflation has a partial effect on Stock Returns with a significance value of 0,011. (2) Interest rates have no partial effect on stock returns with a significance value of 0,423.     (3) Inflation and Interest Rate have a simultaneous effect on Stock Returns with a significance value of 0,008.