Abstract :
This research examines the relation of macroeconomic indicators and oil price to the
composite index of mining in Indonesia. Simple regression model was implemented for a
series of monthly data within the period of January 1997 to December 2006. The output
of the analysis found that BI rate, exchange rate and oil price provided significant
impacts on composite index of mining, but it was the other way around with inflation
variable. Finding of the research is intended to present an alternative view of analysis in
the level of business decision as well as government policies.
Keywords: Macroeconmic indicators, composite index of mining, and government