{"id":1190157,"date":"2022-08-25T13:42:30","date_gmt":"2022-08-25T13:42:30","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/25\/ghanas-actual-inflation-in-july-2022-was-77-hankes-inflation-dashboard\/"},"modified":"2022-08-25T13:42:30","modified_gmt":"2022-08-25T13:42:30","slug":"ghanas-actual-inflation-in-july-2022-was-77-hankes-inflation-dashboard","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/25\/ghanas-actual-inflation-in-july-2022-was-77-hankes-inflation-dashboard\/","title":{"rendered":"Ghana\u2019s actual inflation in July 2022 was 77% – Hanke\u2019s Inflation Dashboard"},"content":{"rendered":"

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A Professor of Applied Economics at the Johns Hopkins University, Professor Steve H. Hanke, has questioned the country\u2019s inflation rate of 31.7% recorded in July 2022.<\/p>\n

\u00a0In \u2018Hanke\u2019s Inflation Dashboard\u2019 analysing the inflation rate of 18 countries, Professor Hanke said Ghana\u2019s real inflation rate in July was 77%.<\/p>\n

This is 45.3% more than the data released by the Ghana Statistical Service (GSS).<\/p>\n

According to Hanke\u2019s Inflation Dashboard, Ghana is ranked 6th<\/sup> in the world in terms of the Consumer Pricing Index (CPI).<\/p>\n

Zimbabwe is number one in the world with an inflation rate of 479%, whilst Cuba (135%), Turkey (132%), Sri Lanka (104%) and Lebanon (89%) are 2nd<\/sup>, 3rd<\/sup>, 4th<\/sup> and 5th<\/sup> respectively.<\/p>\n

\"Ghana\u2019s<\/figure>\n

According to the GSS, the increase in inflation in July 2022 was triggered by Transport (44.6%); Housing, Water, Electricity, Gas and Other Fuels (43.0%); Furnishings, Household Equipment and Routine Household Maintenance (42.0%); Recreation, Sport and Culture (33.8%); Personal Care, Social Protection and Miscellaneous Goods and Services (33.7%) and Food and Non-Alcoholic Beverages (32.3%).<\/p>\n

Indeed, six divisions recorded inflation rates higher than the national average.<\/p>\n

For the month-on-month, the inflation rate between June 2022 and July 2022 was 3.1%.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

A Professor of Applied Economics at the Johns Hopkins University, Professor Steve H. Hanke, has questioned the country\u2019s inflation rate of 31.7% recorded in July 2022. \u00a0In \u2018Hanke\u2019s Inflation Dashboard\u2019 analysing the inflation rate of 18 countries, Professor Hanke said Ghana\u2019s real inflation rate in July was 77%. This is 45.3% more than the data […]<\/p>\n","protected":false},"author":1,"featured_media":1190159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[11099,22990,250,24340,227,2386],"class_list":["post-1190157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics","tag-actual","tag-dashboard","tag-ghanas","tag-hankes","tag-inflation","tag-july"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1190157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1190157"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1190157\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1190157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1190157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1190157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}