Rebased May inflation is 11.1 per cent

Read Comments Comments (1)

• Sankofa 11 years ago

  Dr Nyarko, congratulations to you and the GSS for rebasing the CPI and making it more representative of household consumption in Ghana.
  
  Could you please publish a note outlining the new rebased CPI, how it was derived from ...
  read full comment

  Dr Nyarko, congratulations to you and the GSS for rebasing the CPI and making it more representative of household consumption in Ghana.
  
  Could you please publish a note outlining the new rebased CPI, how it was derived from the GLSS and how it differs from the old series. This will help us understand better the statistics you are producing.
  
  It is interesting that the rebasing appears to have had a marginal effect on the CPI, raising it by 0.2 percentage points. This suggests that expenditure patterns have remained much the same since the last rebasing of the CPI, and more importantly, the CPI is a robust and reliable measure of inflation.
  
  This is a shot across the bow for those politicians who have been accusing the GSS of manipulating the inflation figures.

  reply