CPI

Barring any unforeseen shocks, inflation will trend downwards in the coming months. According to IC Research, this is due to a stable exchange rate and the upcoming food harvest season. “We believe the resumption of artisanal fishing supported the supply of fish stock in August 2023 after the closed season ended on July 31, 2023. We also believe the soothing effects of an improved exchange rate combined with the onset of crops and fish harvest as well as the diminishing impact of recent taxes dragged down inflation in August 2023”, it stated in a report dubbed “Ghana’s August 2023 Inflation:…