Ghana’s inflation hits 54.1% in December

Spread the love

The rate of inflation, which is the rise in prices of goods and services over a specific period of time, rose from 50.3% in November to 54.1% in December.

This is the rate’s 20th straight increase, a move that is predicted to have an effect on the already high loan rates as well as other economic indicators.

The housing, water, electricity, gas, and other fuels section, which registered an inflation rate of 82.34 percent, was the main contributor to last month’s inflation.


About admin

Check Also

Court remands Police Officer for murdering Maa Adwoa at Adum

Spread the love Police Inspector Ahmed Twumasi was placed in prison detention by the Asokore …

Leave a Reply

Your email address will not be published. Required fields are marked *