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Mercy360 Blog of Wednesday, 27 November 2024

Source: Mercy Mensah

Freddie Blay's claim of 14% inflation rate is incorrect, actual rate is 22%.

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Freddie Blay, the former national chairman of the New Patriotic Party (NPP), claimed that Ghana's inflation rate is currently 14%. However, according to the Ghana Statistical Service (GSS), the inflation rate for October 2024 is actually 22% . This means that Blay's claim is false.

It's worth noting that the inflation rate in Ghana has been a pressing issue, and various political parties have been intensifying their campaigns ahead of the upcoming elections. The NPP and the National Democratic Congress (NDC) have been ramping up efforts to rally support from their electorates, each hoping to secure votes with their respective messages.