Tag Archives: Inflation

The Ghana Statistical Service (GSS) has revealed that, the inflation has shot up by 3.3% leading to 37.2% for the month of September 2022. This is quite unsatisfactory because low, stable and predictable inflation is good for the economy, living conditions and finances of the citizens. Low inflation helps businesses …

The recent Inflation rate of 33.9% for the Month of August 2022 has caused some wild jubilation among the members of the National Democratic Congress(NDC) since such a high inflation rate may create a political advantage for them ahead of the 2024 general elections. However, the historical data of Ghana’s …

Steve Hanke, Professor of Applied Economics at the Johns Hopkins University in the United States of America has recently been on the neck of Akufo-Addo’s government, accusing the government of economic mismanagement and has consistently claimed to measure Ghana’s Inflation Rate on monthly basis since January 2022. According to Professor …

Is Ghana Statistical Service undermining the Efforts of Bank of Ghana With Respect to Rising Inflation? : Razak Kojo Opoku quizzes Consumer Price Index (CPI) measures proportionate changes in the prices of goods and services that households consume. To achieve a perfect estimate for CPI, Ghana Statistical Service(GSS) is supposed …