Audio By Carbonatix
Government statistician, Professor Samuel Kobina Annim, has called on Regional Coordinating Councils to assist with the collection of data for computing inflation.
According to him, this will boost the work of the Ghana Statistical Service in generating inflation figures for the country.
Speaking on PM Express' Business Edition on Thursday, he explained that over the years, his outfit has been committed to churning out reliable inflation data, to guide the decision of policy makers and other relevant stakeholders.
He however stressed that with enhanced support from the various Regional Coordinating Councils, the computation of inflation will be better enhanced.
"From our point of view, we feel that the Regional Coordinating Councils should really get involved with what is happening in their regions in terms of the data collection [and] in terms of the figures that we're putting out" he emphasised.
His call comes on the back of widespread concerns about the hikes in the country's inflation figures since the beginning of the year.
Some policy makers have been questioning the increasing rate of inflation in the country in recent times; a trend they believe poses a threat for other macro economic indicators in the country.
Inflation for the month of November hit 50.3%, the highest in 27 years.
This followed the trend of increments which have occurred all year long; causing policy makers and stakeholders to be worried about the situation.
Reacting to these concerns, Professor Annim said the Ghana Statistical Service has in recent times, responded to invitations by stakeholders to thoroughly explain the situation, as part of efforts to clarify the high level of inflation.
Latest Stories
-
ECOWAS deploys standby force to Benin amid military takeover
3 minutes -
Livestream: The Probe discusses scholarship debt crises
8 minutes -
2025/26 GPL: Hearts suffer comprehensive 2-0 loss to Karela United
51 minutes -
Kennedy Agyapong begins Central Regional campaign tour with major healthcare donations
53 minutes -
Digital-savvy youth in Northern Ghana use internet to digitise local languages for generations
1 hour -
GES directs Dzodze-Penyi SHS Headmaster to step aside over alleged sexual misconduct
2 hours -
My vision is to build an agile central bank ready for emerging risks; tackling dollarisation is also a major priority – Asiama
2 hours -
Ukrainian city hit by ‘massive’ strike as peace talks in US conclude
2 hours -
Staff and tourists among 25 killed in Goa nightclub fire
2 hours -
BoG to cut policy rate aggressively in coming months – Fitch Solutions
2 hours -
GPL 2025/2026: Salim Adams sends Medeama top of the league
2 hours -
CUTS raises concern over prolonged delay in consumer protection and competition law passage
2 hours -
Dumelo urges youth to embrace agriculture, entrepreneurship at VYE Forum
2 hours -
GPL 2025/26: Oduro’s stunning strike earns Hohoe United win over Asante Kotoko
2 hours -
Samartex return to winning ways with victory over GoldStars
3 hours
