Saturday 19 February 2011

Imani Alert: Inflation Is Bad For Ghana, Period

On Thursday, the 17th of February 2010, one of our researchers participated in a discussion on TV3 (“Agenda”) about the President’s State of the Nation’s address.

During a segment of the discussion focussed on the economy he entered into a minor argument with another participant, who had been introduced as speaking for a major political party in this country.

The party spokesperson expressed some scepticism about the official inflation rate provided by the Ghana Statistical Service. He cited as one piece of evidence for his scepticism what he believed to be an “unusual” correlation between the reported real GDP growth rate and the inflation rate.Read More

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