Ghana inflation rate inches up to 9.2% in February
15 March 2019 |
5:22 am
Ghana’s February inflation came in at 9.2 per cent year-on-year compared to 9 per cent recorded in January this year. Meanwhile, Ghana’s Finance Minister, Ken Ofori-Atta, has assured that the cedi will stabilise in the next few weeks.
Related
1 May
The last time prices rose faster was for West Germany in 1981. More than any other factor, increasing energy prices, exacerbated by Russia's invasion of Ukraine, are fueling inflation.
1 May
Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.
9 May
The Fed raises interest rates by the most in over 20 years The Federal Reserve raised interest rates by half a percentage point Wednesday, in an effort to cool off demand and lower inflation. Consumer prices have been rising at the fastest pace in 40 years.
5 May
The central bank has announced a 0.5% interest rate hike — its highest increase in more than 20 years. The US move comes as a number of other countries cut lending rates to deal with rising prices.
8 May
After a sell-off on Wall Street, global investors are grappling with price increases and rising borrowing costs. Inflation is particularly brutal in Turkey, and the Greek government unveils a program to protect households from soaring energy prices.
15 May
Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine further fuelling the trend. But higher inflation tends to have a bigger impact on low-income households. Xavier Jaravel from the London School of Economics discusses this and more with FRANCE 24's Kate Moody.
19 May
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
29 May
31 May
Prices in Germany have increased by 7.9% this month, the highest amount since reunification.
1 Jun
Inflation in the eurozone has hit another record high, as the war in Ukraine stokes energy and food prices. Prices had already been increasing because of supply chain problems in the wake of the coronavirus pandemic.
31 May
French inflation comes in higher than expected at 5.2 percent at May, with consumer prices also on the rise across the continent, driven by skyrocketing food and fuel costs. We take a closer look at how French consumers are looking for discounts in supermarkets. Also, we see how the fashion industry's sustainability efforts continue to fall short.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
1 day ago
The country's main opposition party has led protests against a proposal to integrate Bulgarian minority rights. Such a move would be necessary to continue EU accession talks.
1 day ago
On February 24, the first day of Russia's war in Ukraine, Moscow's troops took over Chernobyl, the scene of the world's worst ever nuclear accident. Following a 35-day occupation, Ukraine regained control of the defunct plant but workers have had a hard time returning it to regular functioning. Employees were forced to rebuild IT systems from scratch after specialist equipment and software was ransacked by Russian soldiers. Chernobyl remains a highly volatile site, with hundreds of tonnes of radioactive material still sitting under a protective cover.
1 day ago
The sanctions have badly hit Mali, with its economy already under severe strain from military coups and a decade-long jihadist insurgency.
1 day ago
Is there a shift in how the US justice system deals with police shootings?
