Acura RDX Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Acura RDX cars have gone through a strong rise during the last 6 months. During the first month analyzed in August the average price was ₦ 461,875. September went through a strong inflation with a rise in the price till ₦ 643,571. The following two months the selling price went through a strong reduction of -39 % compared to the previous two months studied. The average price has had spectacular rise of 418 % with an average price of ₦ 445,225.25 during the previous 4 months and ₦ 2,307,452 during the most recent months in December and January.
The average price for Acura RDX has had a strong rise in recent years. Between 2007 and 2011, the average price is ₦ 1,933,333.5. There was a significant inflation of the average price in 2007 (₦ 1,166,667) moving up till (₦ 2,700,000)in 2011. During the next two years the average price(₦ 1,841,666.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 20 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₦ 2,296,875) and the the last two years that have been analyzed (2015, 2017) with a price of ₦ 2,752,083.5.