Tag: single digit inflation
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Economists highly confident of single digit inflation in 2018
Some economists are positive Ghana will attain single digit inflation by next year. According to them, key indicators such as declining inflation and other fiscal conditions as well as the stable currency regime, could help attain single digit inflation in the future. The Bank of Ghana is optimistic of achieving a single digit inflation of…
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Lower production cost to result in single digit inflation
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing the supply of critical services in the country. This is the position of Economist, Adu Owusu Sarkodie. “If the supply side of inflation is addressed together with the demand side which mainly borders on money supply, then I…
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2017 budget to determine BoG’s single digit inflation target
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be achieved if policies outlined in the 2017 budget impact on prices of goods and services. The Acting Government Statistician, Baah Wadieh explains to Citi Business News the monetary and fiscal policies that influence pricing would translate…