No, because of acids created in nitrification. Basically, other acids are present keeping a pH range.
https://www.2hraquarist.com/blogs/freshwater-fish-and-livestock/ph-swings-co2-injection?_pos=1&_sid=f0453ff19&_ss=r
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1489657/
https://www.2hraquarist.com/blogs/ph-kh-gh-tds/kh-explained?_pos=10&_sid=f0453ff19&_ss=r