23 August 2017 at 16:55This is the lowest Producer Price Index (PPI) recorded in about two years.___7123604___https:______static.pulse.com.gh___webservice___escenic___binary___7123604___2017___8___9___19___Inflation-down-1
The <a href="https://www.pulse.com.gh/news/politics/asepa-files-criminal-complaint-against-hawa-koomson/lxzgdf2">Alliance for Social Equity and Public Accountability</a> (ASEPA) has described as false claims by the government that more than 96 percent of depositors who had their monies locked-up from the banking sector clean-up been paid in full.
Vice-President Dr. Mahamudu Bawumia has said about 15 million Ghanaians now have bank accounts following the implementation of <a href="https://www.pulse.com.gh/news/local/offertory-and-tithe-to-be-paid-through-mobile-money-as-churches-introduce-e-payments/fdz0mhf">mobile money payment</a> interoperability.
According to the Acting Government Statistician Baah Wadie attributed the significant drop to two factors.
“We recorded that big drop as a result of two significant changes that took place; base drift effect and the prices of gold on the world market declined almost by 2% and these two factors contributed to the decline in inflation that we observed.”
The Producer Price Index measures the average change over time in the prices received by domestic producers for the production of goods and services.
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