Economist Downplays Any Negative Effect Of Marginal Rise In Inflation On Economy

An economist, John Gatsi has attributed the steady rise in inflation to the management of subsidies on petroleum products, increase in utility tariffs as well as exchange rate volatility. He said with Ghana's economy being import driven, any slight change in the exchange rate affects the prices of goods and services. Mr Gatsi observed that the marginal rise in inflation is not entirely bad for the economy.