{"id":778767,"date":"2020-01-08T19:31:16","date_gmt":"2020-01-08T19:31:16","guid":{"rendered":"https:\/\/ghana-mma.com\/2020\/01\/08\/ghanas-december-inflation-beats-end-of-year-target\/"},"modified":"2020-01-08T19:31:16","modified_gmt":"2020-01-08T19:31:16","slug":"ghanas-december-inflation-beats-end-of-year-target","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/01\/08\/ghanas-december-inflation-beats-end-of-year-target\/","title":{"rendered":"Ghana\u2019s December inflation beats end of year target"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">Business News of Wednesday,  8 January 2020<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>www.ghanaweb.com<\/p>\n<p>2020-01-08<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2020\/01\/96600626.295.jpg\" alt=\"Display of tomatoes at an open market\" title=\"Display of tomatoes at an open market\" width=\"295\" height=\"191\" \/><span class=\"image_caption\"><span>Display of tomatoes at an open market<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\" id=\"article-123\"> Ghana\u2019s inflation rate in December 2019 eased to 7.9 %, the Ghana Statistical Service reports.<\/p>\n<p>This drop beats the country\u2019s annual set target of 8% percent.<\/p>\n<p>The drop represents a 0.3 percent decrease from that of November 2019. Food was the main driver of the in?ation recorded in the last month of 2019.<\/p>\n<p>Inflation measures the proportionate changes in the prices of a ?xed basket of goods and services that households in Ghana consume. This index is then referenced to the price level in 2018, the base year, which has an index of 100.<\/p>\n<p>The ministry of Ghana in its 2019 mid-year budget statement set an end of year an inflation target at 8%.<\/p>\n<p>Releases from the Statistical Service revealed a price inflation dipping below the set target for three months from August.<\/p>\n<p>Food prices rose 7.2% from a year earlier, compared to 8.4% in November.<\/p>\n<p>The central bank, which aims to keep inflation in a band of 6% to 10%, said in November that it sees the rate staying within its target range, barring any unforeseen shocks.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Wednesday, 8 January 2020 Source: www.ghanaweb.com 2020-01-08 Display of tomatoes at an open market Ghana\u2019s inflation rate in December 2019 eased to 7.9 %, the Ghana Statistical Service reports. This drop beats the country\u2019s annual set target of 8% percent. The drop represents a 0.3 percent decrease from that of November 2019. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":778768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-778767","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana\u2019s December inflation beats end of year target - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/01\/08\/ghanas-december-inflation-beats-end-of-year-target\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghana\u2019s December inflation beats end of year target - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Wednesday, 8 January 2020 Source: www.ghanaweb.com 2020-01-08 Display of tomatoes at an open market Ghana\u2019s inflation rate in December 2019 eased to 7.9 %, the Ghana Statistical Service reports. This drop beats the country\u2019s annual set target of 8% percent. The drop represents a 0.3 percent decrease from that of November 2019. 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This drop beats the country\u2019s annual set target of 8% percent. The drop represents a 0.3 percent decrease from that of November 2019. 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