Modeling and Forecasting CPI Inflation in Nigeria: Application of Autoregressive Integrated Moving Average Homoskedastic Model (Journal of Scientific and Engineering Research)

Abstract This study employs a univariate Autoregressive Integrated Moving Average (ARIMA) homoskedastic model in conjunction with Box and Jenkins modeling procedure to model and forecast annual Consumer Price Index (CPI) data in Nigeria from 1950 to 2014. The annual data on Consumer Price Index is obtained as secondary data from Penn World Table, the National […] The post Modeling and Forecasting CPI Inflation in Nigeria: Application of Autoregressive Integrated Moving Average Homoskedastic Model appeared first on Journal of Scientific and Engineering Research.