Business
Just in: Ghana’s inflation rate hits 50.3% in November
The Ghana Statistical Service announced on Wednesday that the country’s annual consumer inflation rose to 50.3% in November, up from 40.4% the previous month.
Ghana has been facing a severe economic crisis that triggered a restructuring of its local debts last week. The country also announced a deal with the IMF for a $3 billion bailout.
Ghana’s inflation rate was just 13.6% in January this year but has continued to experience price increases driven by currency depreciation and a fiscal crisis.
Details later….
-
Football7 days agoSaka: England still carry World Cup scar
-
Latest4 days agoPastor Chris Oyakhilome announces mother’s passing at 88 [VIDEO]
-
Latest5 days agoArsenal eye €70-80m move for Real Madrid star
-
Business1 week agoCBN reduces MPR by 350bps to 23% in major monetary policy shift
-
Crime5 days agoPolice arrest suspect, launch manhunt for 2 others over Delta Education Director’s death
-
Latest4 days agoHow adulterated palm oil, coloured pepper are putting consumers at risk
-
Crime4 days agoDeaths in NSCDC Custody: Can Nigeria guarantee the safety of detainees?
-
Latest5 days agoObi left $155m in Anambra, Otti insists amid debt controversy