Kia Carnival 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 Kia Carnival cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₦ 811,765. November went through a strong inflation with a rise in the price till ₦ 3,791,429. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -24 % compared to the 4 previous average values going down from ₦ 2,233,715.25 to ₦ 1,708,333.5.