NEWS

Measuring Inflation in Ghana: Evidence from Big Data and Artificial Intelligence Techniques

Measuring Inflation in Ghana: Evidence from Big Data and Artificial Intelligence Techniques

The delay in the publication of key macroeconomic indicators, especially inflation, has been a
major concern for fiscal and monetary authorities, investors, researchers, and development
partners over the years. In Ghana, inflation statistics for a particular reference month are
published two weeks after the end of that month, even though price data are collected in the
first week.