A survey conducted by the Central Bank of Nigeria, CBN says more consumers believe that the cost of transportation, house purchase, purchase of car, rents and medical expenses will experience an increase over the next six months in the following order.
This is contained in the newly released ‘Households Expectation Survey’ by the CBN.
The survey also indicated that households do not intend to spend their earnings on the purchase of vehicles, buildings and landed properties within the months under review.
