A Seasonal Box-Jenkins Model for Nigerian Inflation Rate Series

Ette HARRISON Etuk, Stella Asuquo Attoe, Isaac Didi Essi

Abstract


Time series analysis of Nigerian Inflation rate series is done. A seasonal difference and then a non-seasonal one were obtained. The correlogram of the differenced series revealed a seasonal nature. It also revealed a seasonal moving average component and a non-seasonal autoregressive component. $A (5,1,0)\times(0,1,1)_{12}$ seasonal model was fitted and shown to be adequate.

Full Text: PDF DOI: 10.5539/jmr.v4n4P107

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This work is licensed under a Creative Commons Attribution 3.0 License.

Journal of Mathematics Research   ISSN 1916-9795 (Print)   ISSN 1916-9809 (Online)

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