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Effect Of Inflation On Aggregate Consumption Expenditure In Nigeria:- Ifejiofor Oluebube C

IFEJIOFOR OLUEBUBE CYNTHIA | 66 pages (15045 words) | Projects
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Economics

Abstract

The study is an attempt to determine the effect ofinflation on private consumption expenditure in Nigeria Following an extensive review oftheoretical and empirical literature, the study estimated a multiple regression model with total private consumption expenditure as the dependent variable, while GDP per capita , interest rate, inflation rate and total national savings as independent variable. Annual time series data rangingfrom 1981- 2017 ofthe selected variables were employed in the analysis. The study established that Inflation is has a lagged negative short run and long run effect on household consumption in Nigeria in the period under review . An Increase in the general price level reduces the purchasing power of money thereby reducing consumption expenditure. Finally, the studyfound a long run relationship between inflation and consumption expenditure in Nigeria.

 

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APA

IFEJIOFOR, C (2026). Effect Of Inflation On Aggregate Consumption Expenditure In Nigeria:- Ifejiofor Oluebube C. Repository.mouau.edu.ng: Retrieved Mar 26, 2026, from https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-aggregate-consumption-expenditure-in-nigeria-ifejiofor-oluebube-c-7-2

MLA 8th

CYNTHIA, IFEJIOFOR. "Effect Of Inflation On Aggregate Consumption Expenditure In Nigeria:- Ifejiofor Oluebube C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 26 Mar. 2026, https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-aggregate-consumption-expenditure-in-nigeria-ifejiofor-oluebube-c-7-2. Accessed 26 Mar. 2026.

MLA7

CYNTHIA, IFEJIOFOR. "Effect Of Inflation On Aggregate Consumption Expenditure In Nigeria:- Ifejiofor Oluebube C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 26 Mar. 2026. Web. 26 Mar. 2026. < https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-aggregate-consumption-expenditure-in-nigeria-ifejiofor-oluebube-c-7-2 >.

Chicago

CYNTHIA, IFEJIOFOR. "Effect Of Inflation On Aggregate Consumption Expenditure In Nigeria:- Ifejiofor Oluebube C" Repository.mouau.edu.ng (2026). Accessed 26 Mar. 2026. https://repository.mouau.edu.ng/work/view/effect-of-inflation-on-aggregate-consumption-expenditure-in-nigeria-ifejiofor-oluebube-c-7-2

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