Lower Inflation does not mean Lower Prices.
4 Articles
4 Articles
Lower Inflation does not mean Lower Prices.
In Ghana today, a quiet but important economic shift is taking place. After a period of intense price increases, inflation has been declining. According to available data, Ghana’s annual inflation averaged about 39-40% in 2023 and fell to roughly 20-23% in 2024. It continues to fall. On paper, this is a significant improvement. Policymakers, economists, and international partners often interpret this trend as a sign that the economy is stabilisi…
Lower Inflation does not mean Lower Prices
NewsGhana, Latest Updates and Breaking News of Ghana, Dr. Maxwell Ampong, https://www.newsghana.com.gh/lower-inflation-does-not-mean-lower-prices/In Ghana today, a quiet but important economic shift is taking place. After a period of intense price increases, inflation has been declining. According to available data, Ghana’s annual inflation averaged about 39-40% in 2023 and fell to roughly 20-23% in 2024. It continues to fall. On paper, this is …
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