The minister of finance and the minister of trade should rely on indicators that capture fluctuations in prices to determine what is externally or internally induced. Such indices should be periodically published for public notice in order to accurately establish the causes of inflation. Speculation is not an option. Facts and figures are necessary to guide government action to tackle inflation.
Foroyaa will contact the ministries of finance and trade to gather concrete information on how they are monitoring price fluctuation to determine the level of inflation.