Ghana’s Top Currency Surge Leads to Lowest Inflation Since 2022
Inflation in Ghana: A Promising Turnaround
In a remarkable turn of events, Ghana's inflation rate has dipped to its lowest level in over three years. This shift is largely attributed to a stronger national currency and reduced import costs, signaling a potential recovery for the West African nation.
As reported by government statistician Alhassan Iddrisu during a recent news conference, consumer inflation eased to 18.4% year-on-year in May, down from 21.2% the previous month. This decline is a hopeful indicator…