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In December 2022, Ghana’s inflation rate hit 54.1% year-on-year - its highest rate in more than two decades - spurring protests over alleged economic mismanagement.
The transfer rate is 1 Ghana Cedi for ... Change in per capita GDP of Ghana, 1870–2018. Figures are inflation-adjusted to 2011 ... Current production in 2021 stands ...
In August 2022, accelerating inflation and continued economic mismanagement has caused the cedi's value to drop to 10 U.S. cents (GH₵10 = US$1). [10] As of September 2022, the annual inflation rate of 37.2% as reported by the Ghana Statistical Service was the highest since 2001. [11]
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
(Bloomberg) -- Africa’s second-most aggressive monetary authority after Zimbabwe is set to show Ghana’s resolve once again by raising interest rates at its final meeting of the year to boost ...
(Bloomberg) -- Ghana’s central bank is caught between cutting interest rates to boost the economy and running the risk of weakening the currency, which could drive up inflation and spook ...
interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April 2020 [5] 4.14 ...
The central bank of Ghana remains hopeful that the rampant inflation that has ignited demonstrations across the streets of the capital Accra, can be tamed by early 2023.