06
Sep
The Economist Intelligence Unit (EIU) has cautioned Ghana and some African countries that headline inflation is expected to remain high, resulting in public discontent in 2023, 2024. According to the the 2023 Africa Operational Risk Outlook released by the UK-based firm, elevated headline inflation on the regional front is expected to be driven by rising global food prices and commodity, weakness in the local currency against the US dollar and among other factors. It noted that, “Regional headline inflation will remain high, driven by still-high global commodity prices, lingering supply-chain tightness, high regional food prices and local-currency weakness against the…