20
Mar
A Senior Credit Research Analyst at REDD Intelligence, Mark Bohlund, has hinted that Ghana’s inflation could witness a drop to below 40 percent by April 2023. According to him, the estimation, following a base effect analysis, showed that the country's inflation rate could drop by more than 10 percentage points in April 2023. “The inflation rate has declined for two straight months and may fall more sharply to below 40% by April due to base effects,” Mark Bohlund said. Meanwhile, the Ghana Statistical Service last week announced that the year-on-year inflation for February 2023 slowed down to 52.8 percent, representing…