Ghana’s consumer inflation rose to 54.1 per cent year-on-year in December, up from 50.3 per cent the previous month, the country’s statistics office said Wednesday.
Representing the highest level in 22 years, the surging inflation rate is driven by skyrocketed prices of fuel, utilities and food. December’s inflation reading in the country is the highest since April 2001, when it was at 59.7 per cent.
Concerning this an Economist, Issac Sikayena has suggested what the government and the citizens should do to let inflation be reduced.
Isaac Sikayena suggested on Wontumi TV Morning Show.
Watch video…
