The Causal Relationship between Inflation and Economic Growth in NigeriaRabia Najaf*
Riphah International University, Islamabad, Pakistan
- *Corresponding Author:
- Rabia Najaf
Riphah International University
Tel: +92 (0)42 111-865-865
E-mail: [email protected]
Received Date: October 28, 2016; Accepted Date: December 20, 2016; Published Date: January 06, 2017
Citation: Najaf R (2017) The Causal Relationship between Inflation and Economic Growth in Nigeria. J Account Mark 6:208. doi:10.4172/2168-9601.1000208
Copyright: © 2017 Najaf R, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
In this paper, analysed that Nigeria is the poor country and facing the problem of inflation from last few years. The prime objective of this paper is to analysis the impact on all the developing and under developing countries. We have applied the regression analysis and taken the tile series data. Our results are showing that there negative relationship between Nigeria stock exchange and rate of inflation from last few years. We are also trying to expose that importance of stock exchange in all over the country and due to high inflation rate there is very worst impact on the progress of the economy. Our study suggested that government should make inflation control policies for the better performance.