Ghana inflation accelerated to 27.8% !

[Asicz]

Inflation Rate at 18-Year High as Food Costs Surge in Ghana

Ghana's inflation rate jumped to the highest level in more than 18 years in May as food and transport costs surged. Annual inflation accelerated to 27.6%, the fastest pace since January 2004, from 23.6% in April, Government Statistician Samuel Kobina Annim told reporters Wednesday in Accra, the capital.Jun 8, 2022

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bloomberg.com/news/articles/2022-06-08/inflation-rate-at-18-year-high-as-food-costs-surge-in-ghana%23:~:text%3DGhana%27s%2520inflation%2520rate%2520jumped%2520to,Wednesday%2520in%2520Accra%252C%2520the%2520capital.&ved=2ahUKEwjo4bS26-74AhW2D1kFHch5D4EQFnoECAcQBQ&usg=AOvVaw00OgKmxRc4uuCdDDFXXIda

 

[Mzee Tchalla]

A sign of terrible central bank leadership as they are not meeting the upper ceiling of the central bank’s target band of 6% to 10%.

 

[CarbonBraddock]

accelarted

 

[Asicz]

A sign of terrible central bank leadership as they are not meeting the upper ceiling of the central bank’s target band of 6% to 10%.

Isn't this all a direct result of The Ukraine conflict?

 

[Mega]

accelarted​

 

[Seoul Gleou]

accelerated, my guy.

this could actually be an amazing opportunity for investment in ghana.

the central bank will definitely begin quantitative easing though

 

[Asicz]

accelarted ​

Ha you are like my personal secretary to help me with typos.

What color skirt will you be wearing this week?

 

[African_brehda]

shyt is horrible in this country rn brehs. People are fukking angry. The whole country is tense rn

 

[Elim Garak]

 

[Starman]

shyt is horrible in this country rn brehs. People are fukking angry. The whole country is tense rn

Sri Lankans showed the way.

 

[Ohene]

shyt is horrible in this country rn brehs. People are fukking angry. The whole country is tense rn

Details?

 

[Mega]

Ha you are like my personal secretary to help me with typos.

What color skirt will you be wearing this week?

 

[Mzee Tchalla]

Isn't this all a direct result of The Ukraine conflict?

According to the article the inflation has exceeded the limit for 9 months... So no.

 

[JT-Money]

 

[African_brehda]

Details?

There’s so much going on breh, I won’t even know where to start.

But the major thing pissing people off rn is, the fact Nana Addo is hell bent on building a 350 million dollar cathedral, in spite of everything going on. Says it’s a promise he made to God

They’re blaming EVERYTHING on COVID and Russia. It got to the point where the Russian embassy had to step in and call them out on their bullshyt

This is what police did to someone at the demonstration