Inflation And Household Consumption Expenditure In Nigeria:- Chukwuma Augustine

ABSTRACT The study examined the impact of inflation on private consumption expenditure in Nigeriafor the period of1981 to 2018 using ordinary least square econometric method. The empiricalfindings ofthe study provide evidence that there exist a positive long run significant relationship between inflation and private consumption expenditure in Nigeria. The study therefore recommended that for government to reduce the adverse effect ofinflation on private consumption there is the need to ensure low and stable prices at all times.