Economist Ramesh Gampat has expressed concerns regarding the accuracy of Guyana's reported inflation rates. In a recent analysis featured in the Guyana Business Journal, Gampat argues that official statistics might not fully capture the economic reality faced by citizens. The expert highlights significant increases in the costs of essential goods, including food items, residential rent, and construction materials. According to his assessment, these rising expenses are placing considerable pressure on the financial stability of local households. The discrepancy between official figures and the actual market conditions suggests that the inflationary impact on the population could be more severe than current government data indicates.
Source : Kaieteur News
