Inflation Rate for October 2022 was 40.4% – GSS

Inflation Rate for October

Inflation Rate for October 2022 was 40.4% – Ghana Statistical Service Report. The Government Statistician, Professor Samuel Anim, has announced that the inflation rate for October was 40.4 percent. He said at a press conference in Accra on Wednesday, November 9, that the rate was due to an increase in food prices. Food inflation recorded … Read more

Inflation in Ghana is driven more by domestic factors-IMF

Inflation in Ghana is driven more by domestic factors-IMF

Inflation in Ghana is driven more by domestic factors-IMF. The International Monetary Fund has asserted that domestic factors are more to blame for Ghana’s high inflation rate. This refutes the claim that the country’s inflation is the result of outside forces like the Russian/Ukrainian situation, which has driven up the cost of some items, especially … Read more