{"id":13066,"date":"2025-09-09T08:23:48","date_gmt":"2025-09-09T08:23:48","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=13066"},"modified":"2025-09-09T08:23:48","modified_gmt":"2025-09-09T08:23:48","slug":"inflation-could-drop-to-9-by-end-of-year-prof-baah-boateng","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=13066","title":{"rendered":"Inflation could drop to 9% by end of year \u2013 Prof. Baah-Boateng"},"content":{"rendered":"<p data-start=\"119\" data-end=\"308\">Professor William Baah-Boateng, an economist, has projected that Ghana\u2019s inflation could decline further to around 9% by the end of 2025, provided exchange rate stability is maintained.<\/p>\n<p data-start=\"310\" data-end=\"648\">His comments follow the latest report from the Ghana Statistical Service (GSS), which revealed that headline inflation eased to 11.5% in August 2025, down from 12.1% in July. This marks the eighth consecutive month of decline, bringing inflation below the government\u2019s end-of-year target of 11.9% and signaling stronger price stability.<\/p>\n<p data-start=\"650\" data-end=\"826\">The August figure is the lowest in nearly four years, with month-on-month inflation showing a 1.3% drop, offering some relief to households grappling with the cost of living.<\/p>\n<p data-start=\"828\" data-end=\"996\">Speaking on\u00a0<em data-start=\"840\" data-end=\"859\">The Point of View<\/em>\u00a0on Monday, September 8, 2025, Prof. Baah-Boateng attributed the sustained decline to a mix of favorable economic and seasonal factors.<\/p>\n<div class=\"jeg_ad jeg_ad_article jnews_content_inline_2_ads  \">\n<div class=\"ads-wrapper align-center \">\n<div class=\"ads_shortcode\">\n<div class=\"a-single a-10\">\u201cIf we have month-on-month inflation coming down, then it is good. But it is attributed to a number of factors,\u201d he explained.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"1128\" data-end=\"1398\">He pointed to the cedi\u2019s appreciation earlier this year as one of the key influences.<\/p>\n<p data-start=\"1128\" data-end=\"1398\">\u201cAppreciation happened between April and May. So you expect that by July and August, the effect on prices will not be as much as before, but it will still have some impact,\u201d he said.<\/p>\n<p data-start=\"1400\" data-end=\"1637\">The economist also highlighted the start of the harvest season as a major driver of falling food prices.<\/p>\n<p data-start=\"1400\" data-end=\"1637\">\u201cFrom the food end, we will continue to harvest, which is good for us, especially as we have had quite reasonable rain,\u201d he added.<\/p>\n<p data-start=\"1639\" data-end=\"1864\">According to him, prudent fiscal management and restrained expenditure have also contributed to easing inflationary pressures, while the Bank of Ghana\u2019s cautious stance on demand-side interventions has reinforced the gains.<\/p>\n<p data-start=\"1866\" data-end=\"2087\">\u201cI expect that where it has been, if the exchange rate does not misbehave and we are able to keep it at GH\u20b512 till the end of the year, we should end the year with an inflation rate of 9%,\u201d Prof. Baah-Boateng projected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Professor William Baah-Boateng, an economist, has projected that Ghana\u2019s inflation could decline further to around 9% by the end of 2025, provided exchange rate stability is maintained. His comments follow the latest report from the Ghana Statistical Service (GSS), which revealed that headline inflation eased to 11.5% in August 2025, down from 12.1% in July. [&hellip;]<\/p>\n","protected":false},"author":123457,"featured_media":13067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[9,3525,3949,41],"tags":[2898,4028],"class_list":["post-13066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","category-exchange-rate","category-general-news","tag-inflation-3","tag-prof-william-baah-boateng"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13066"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13066\/revisions"}],"predecessor-version":[{"id":13068,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13066\/revisions\/13068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/13067"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}