Economic Impact of Some Determinant Factors of Nigerian Inflation Rate
Table 1.
ADF Test for Stationarity Results
| S/No | Variables | Level | First Difference | | 1 | CPI | Non stationary | Stationary | | 2 | Exchange Rate | Non stationary | Stationary | | 3 | Forex Reserve | Non stationary | Stationary | | 4 | Inflation Rate | Stationary | -- | | 5 | Interest Rate | Non stationary | Stationary | | 6 | Money Supply | Non stationary | Stationary | | 7 | Real GDP | Non stationary | Stationary | | 8 | Real Income | Non stationary | Stationary | | 9 | Total Export | Non stationary | Stationary | | 10 | Total Import | Non stationary | Stationary |
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