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Economic Impact of Some Determinant Factors of Nigerian Inflation Rate
Universal Journal of Finance and Economics
| Vol 1, Issue 1
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 |