According to Dr Addison, the central bank is keen on meeting its medium to long term inflation target of 8 ± 2 per cent for the fiscal year.
Inflation over the past few months has witnessed a marginal decrease to its current state at 7. 6 per cent.
“…We’re currently at 7.6 per cent; we expect that inflation will continue to trend downwards, at least, below the medium-term target of 8 per cent … We also talk of the external factors and we’re hoping that the external environment will continue to be conducive,” Dr Addison stated at a panel discussion at the 8th edition of the Ghana Economic Forum in Accra on Wednesday, 30 October 2019. Read Full Story
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