Title: Impact of Inflation on Manufacturing Sector's Investment Returns
Authors: Chegwe Ogechukwuka, Ayewumi Ezonfade Fredrick, Ehiedu, Victor Chukwunweike Ph.D; LL.B
Volume: 9
Issue: 2
Pages: 28-35
Publication Date: 2025/02/28
Abstract:
This paper examines the impact of inflation on return on investment of manufacturing firms in Nigeria. Secondary data covering a period of 15years 2013 to 2024 were collected from National Bureau of Statistics, CBN statistical bulletin and Federal Reserve of Economic Data.The data was analyzed using regression method of analysis. The result of the regression reveals that inflation does not have a significant effect on investment returns of manufacturing firms in Nigeria. The study therefore recommends that inflation should be controlled through appropriate economic policies to ensure that the rate of inflation is fair and stable to ensure attractive investment return. Also other variables that could impact investment returns should be examined by other researchers.