Friday, November 15, 2024

Inflation

Inflation to reduce to 26.7% by December, 15% by end of 2024 – Akufo-Addo.

President Nana Addo Dankwa Akufo-Addo is predicting a reduction in the country’s inflation rate by the close of this year, 2023. Inflation is the rate of increase in prices over a given period of time. Ghana’s current inflation rate stands...

Cedi inflation, I don’t foresee us hitting single digits this year – Peter Quartey

Director of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Professor Peter Quartey has said he does not expect Ghana to experience a single-digit inflation and also the Cedi-Dollar exchange rate this year. He...

Energy and food drive US inflation to highest for 40 years

Prices in the US rose faster than expected last month, as rising energy and food costs pushed inflation to the highest rate since 1981. The annual inflation rate rose to 8.6% in May, the Labor Department said, after easing in...
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