In a national address, the vice president and flagbearer of the New Patriotic Party (NPP) is arguing why he is the most qualified candidate to govern Ghana as the nation prepares for a second round of presidential and parliamentary elections in December 2024.
About February 7, 2024, Dr. Mahamudu Bawumia gave a speech with the title “Ghana’s next chapter: selfless leadership and bold solutions for the future.” During his speech, he made a claim about the Ghana’s inflation.
Claim: “Inflation has declined from 54% in January to 23% in December 2023”.
Explanation: According to the Ghana Statistical Service, the Consumer Price Index (CPI) and inflation data for Ghana in January 2024, published on February 14, 2024, page 5, indicates that the inflation rate in January 2023 was 53.6%, while in December 2023, it was recorded at 23.2%.
The claim made by Vice President Dr. Bawumia regarding January’s inflation being 54% can be considered accurate. By rounding off 53.6%, we obtain 54%, as per standard mathematical conventions where decimals equal to or greater than 0.5 are rounded up. Thus, the claim aligns with the provided data from the Ghana Statistical Service.
It’s important to note that while there might be slight variations in rounding methods, the general principle holds true, and the claim accurately reflects the data presented by the Ghana Statistical Service.
Verdict: TRUE.
Source: padfm.com.gh/Edwin Gogu
