By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Fact Check GhanaFact Check GhanaFact Check Ghana
  • Home
  • Politics
  • Elections
  • Economy
  • Education
  • Monthly Round-ups
  • Resources
    • Blog
    • Videos
    • Politics
      • 16 Regions in Ghana
      • Regional Ministers
Font ResizerAa
FourthEstate FourthEstate
  • Home
  • Politics
  • Elections
  • Economy
Search
  • Home
  • Politics
  • Elections
  • Economy
  • Education
  • Monthly Round-ups
Follow US
  • Videos
  • Regions in Ghana
  • Regional Ministers
© 2024 Fact-Check Ghana
Economy

False! The highest inflation rate under Mahama not 15%

Fact-check Ghana
December 6, 2024
SHARE

Claim: A post by Loud Silence Media, a media outlet owned by Kevin Taylor, has suggested that the highest inflation recorded under former president John Mahama was 15%.

Verdict: False

Explanation: The Ghana Fact-Checking Coalition combed through data provided by the Bank of Ghana (BoG) between 2013 and 2016 when NDC flagbearer, John Mahama, was President. Bank of Ghana’s annual inflation figures ranged between 13.5% and 17.7% for the period.

Years Annual inflation rate
201313.5%
201417.0%
201517.7%
201615.4%
Source: Bank of Ghana

From the above, the highest inflation recorded by the Mahama administration was 17.7% and not 15% as Loud Silence Media claimed.

A cocktail of scrapped, reviewed, and new taxes introduced by the Akufo-Addo gov’t since 2017
Influence and Deception: How pro-NPP firm flaunting UK connection produced polls favouring Bawumia
Did Mahama lose the 2016 elections by over 1 million votes?
5% rent tax? Here’s what we found
Illicit financial flows (IFFs): What you should know
TAGGED:Akufo-AddoBawumiaInflation in GhanaMahama
Share This Article
Facebook Copy Link Print

Latest News

Chip Embedded passport: An NPP or NDC Gov’t legacy- Here are the facts
Featured
Trending photo of dollar bundles NOT related to Sammy Gyamfi’s dollars gift
Featured
False! Viral videos of housing projects not related to Ibrahim Traoré and Burkina Faso
Featured
Claim that chip-embedded passport was first introduced by NPP gov’t misleading 
Featured
Fact Check Ghana

Fact-Check Ghana is a fact-checking project of the Media Foundation for West Africa (MFWA).

Useful Links

  • About Us
  • The Team
  • Funders
  • Contact
  • Our Methodology
  • Ethics Policy
  • Corrections Policy
2025 Fact-Check Ghana | A project of the Media Foundation for West Africa
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?