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False! Highest inflation rate under Mahama, not 15%

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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%.

Source: Facebook (via Full Fact AI)

Verdict: False!

Explanation: The Ghana Fact-Checking Coalition reviewed the data provided by the Bank of Ghana (BoG) between 2013 and 2016, when NDC flagbearer John Mahama was President. The analysis showed that the annual inflation figures ranged between 13.5% and 17.7%.

Years Annual inflation rate
201313.5%
201417.0%
201517.7%
201615.4%
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