Ghana Oct producer price inflation rises to 8.2 pct yr/yr: stats office

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ACCRA (Reuters) – Ghana’s producer price inflation rose to 8.2 percent year-on-year in October from 7.6 percent a month before, the statistics office said on Wednesday.

The major commodity exporter is seeking to cut spending and narrow consumer inflation to 8 percent, plus or minus 2 percent by the end of 2017 under a credit deal with the International Monetary Fund.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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