{"id":1248707,"date":"2022-11-11T10:09:21","date_gmt":"2022-11-11T10:09:21","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/11\/11\/akufo-addo-must-be-on-another-planet-i-measure-ghanas-inflation-at-156-hanke\/"},"modified":"2022-11-11T10:09:21","modified_gmt":"2022-11-11T10:09:21","slug":"akufo-addo-must-be-on-another-planet-i-measure-ghanas-inflation-at-156-hanke","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/11\/11\/akufo-addo-must-be-on-another-planet-i-measure-ghanas-inflation-at-156-hanke\/","title":{"rendered":"Akufo-Addo must be on another planet; I measure Ghana&#8217;s inflation at 156% &#8211; Hanke"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"417\"  alt=\"\" title=\"Hanke and Akufo-Addo\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/11\/Hanke-and-Akufo-Addo-696x417.png\" data- class=\"entry-thumb td-modal-image lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"417\" class=\"entry-thumb td-modal-image\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/11\/Hanke-and-Akufo-Addo-696x417.png\"   alt=\"\" title=\"Hanke and Akufo-Addo\"\/><\/noscript><\/div>\n<p><strong>A Johns Hopkins Professor, Steve Hanke has said per his calculations, Ghana\u2019s inflation rate is around 156 per cent despite the official rate of 40.4 per cent as announced by the Ghana Statistical Service.<\/strong><\/p>\n<p>The Government Statistician Professor Samuel Anim on Wednesday November 8 announced that inflation rate for October was 40.4 per cent.<\/p>\n<p>He said at a press conference in Accra that the rate was at the back of increase in food prices.<\/p>\n<p>Food inflation recorded the highest rate among all the components as against non food inflation according to the\u00a0Ghana Statistical Service.<\/p>\n<p>The increase by food inflation indicates a jump of more than 3 percent from the previous rate of 37.2.<\/p>\n<p><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">But in a tweet, Prof Hanke said \u201cPres. Akufo-Addo says he will turn <\/span><span class=\"r-18u37iz\"><a class=\"css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0\" dir=\"ltr\" role=\"link\" href=\"https:\/\/twitter.com\/hashtag\/Ghana?src=hashtag_click\">#Ghana<\/a><\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">\u2018s economic crisis \u201cinto an opportunity.\u201d SPOILER ALERT: Akufo-Addo must be on another planet. <\/span><\/p>\n<p><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">\u201cToday, I measure Ghana\u2019s inflation at a stunning 156%\/yr. That\u2019s nearly FOUR TIMES the official rate.\u201d<\/span><\/p>\n<p><strong>By Laud Nartey|3news.com|Ghana<\/strong><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Johns Hopkins Professor, Steve Hanke has said per his calculations, Ghana\u2019s inflation rate is around 156 per cent despite the official rate of 40.4 per cent as announced by the Ghana Statistical Service. The Government Statistician Professor Samuel Anim on Wednesday November 8 announced that inflation rate for October was 40.4 per cent. He [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1248711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[648,250,24112,227,1338,10336],"class_list":["post-1248707","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-akufoaddo","tag-ghanas","tag-hanke","tag-inflation","tag-measure","tag-planet"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1248707","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=1248707"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1248707\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1248707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1248707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1248707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}