Modelling Consumer Price Index Inflation in Ghana

This paper aims to develop a model for CPI inflation of Ghana using data on CPI inflation obtain from the Bank of Ghana database within the period 2000 to 2011. Based on the method of maximum likelihood and the lower lags of the ACF and PACF, ARIMA (0, 1, 1) X (0, 1, 1)12 was identified as the tent...

Full description

Bibliographic Details
Main Author: Apam Benjamin
Format: Article
Language:English
Published: Africa Development and Resources Research Institute (ADRRI) 2017-05-01
Series:Journal of Arts and Social Sciences
Online Access:https://journals.adrri.org/index.php/adrrijass/article/view/348