Ghana’s inflation rate declined to 23.1 percent in February, but economic challenges persist, with inflation still above the Bank of Ghana’s target range.
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Ghana inflation
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Thomas Nyarko Ampem pledges to cut Ghana’s inflation to 8 percent through currency stability, food production, and coordinated economic policies.
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KEY POINTS For any Ghanaian, it is disheartening to realize that the inflation rate continues to go up time and again. According to the current data as provided by Reuters,…
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Ghana’s inflation unexpectedly slowed to 40.1 percent in August, sparking optimism for a potential interest rate cut. However, the Bank of Ghana must tread carefully to avoid premature moves that could reignite inflationary pressures, especially amid global uncertainties and ongoing economic vulnerabilities. Stability should remain the top priority to ensure long-term recovery.
