Determinants Of Inflation Dynamics In Nigeria

Abstract This study examines empirical determinants of inflation dynamics in Nigeria between 1995 and 2018 fiscal years. It employed monthly data that were sourced from the Central bank of Nigerian Statistical Bulletin, 2018 edition. Several studies have examined inflation determinants in Nigeria for several periods, but the empirical findings of some of these studies are mixed in terms of the different forms of inflation. Headline inflation, which is the most, reported inflation in Newspapers often includes all forms of commodities prices, hence it tends to be overblown. Thus, the volatile co…