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Nairaland Forum / Nairaland / General / Business / Ghana’s Inflation Hits 40.4% In October 2022 (27525 Views)
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by BigCowHornn: 7:54pm On Nov 10, 2022 |
LiveWithIt:
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by Ilaje1: 7:55pm On Nov 10, 2022 |
israelmao: While APC is shitty like PDP and pdp/apc recycled parties like LP and NNPP, inflation is everywhere in the world. You better dey save money and buy properties when everything crashes. 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by FuckOsuPigs: 7:55pm On Nov 10, 2022 |
FalseProphet1: Akindanidani
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by WayoProphet: 7:55pm On Nov 10, 2022 |
They will soon. Just watch ayaobaidowu: |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by OVB123: 7:56pm On Nov 10, 2022 |
inoki247:So things are that bad in ghana? i thought there said that she is a mini heaven. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Techm8: 7:57pm On Nov 10, 2022 |
I thought Ghana has the best economic policy in Africa. Apparently I thought wrong. Regular bulbs are boring. Smart bulbs are fun
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by fadal(m): 7:58pm On Nov 10, 2022 |
ALL ABOUT MY MONEY G
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by alimiadedayo1: 7:59pm On Nov 10, 2022 |
brain54:there are some factors you need to consider about the purchasing power of currency you are using beer and food as comparison. for beer we have a lot of beer manufacturing companies in Nigeria and the agricultural products they used to produce beer is locally available that is why it is very cheap.. there Re many places in Nigeria today that you will spend up to 3000k for a complete meal before you can satisfy I am not talking about local food vendor and the price of food meal is not the same in every region in Nigeria.. in north is very cheap because they are extensively into farming in south west it is fair in the south east is not that bad then go to south south it is very bad.. so you cannot tell me our currency has a powerful purchasing power with this present economy situation compare to 2015 abi are you not in Nigeria again what we used to buy 1k is not like 5k |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by mediclife1987(m): 7:59pm On Nov 10, 2022 |
backtovillage: You mean things they bought last year has now increased by 80%? |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Toriagirl(f): 8:00pm On Nov 10, 2022 |
Dear ghanians? Wetin dey sup? |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by hakeem4(m): 8:00pm On Nov 10, 2022 |
alimiadedayo1:A simple question does not warrant such insult you do not know anything about purchasing power parity, instead of you to ask questions so we can enlighten you, you decided to stick to insult. 9 Likes 2 Shares |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Ckonnet: 8:01pm On Nov 10, 2022 |
Atleast they are sincere with their figures, when release naija statistics, you will be wondering if it's the same country that Buhari is the president |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by alimiadedayo1: 8:02pm On Nov 10, 2022 |
hakeem4:you have no sense if you have sense you will not be asking that stupid question.. instead of you to counter me with a cognitive facts you are asking a very stupid question that shows you lack common intelligence if you know about purchasing power parity as you claim you cannot be telling me naira has a purchasing power parity with this current economy of this country.. maybe you are living in another country apart from this country you think all these stupid theory imaginary facts actually define the practical economy situation of this country.. be sitting down there claiming to be intelligent local champion |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by ngadaAwo: 8:03pm On Nov 10, 2022 |
Ireportlive:shatap what do you know |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by BigCowHornn: 8:04pm On Nov 10, 2022 |
LeoDeKing: Simplyleo it's like ipoh do your mama strong thing. How are your pigs by the way... then still day use Condom?
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by waice6571: 8:04pm On Nov 10, 2022 |
GeneralDae: Wetin you know....? How I wish we can revert to 2015... |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by preciousmetals: 8:05pm On Nov 10, 2022 |
I live in Ghana for 27 years now and married to a Ghanaian, the problem this current Government of Nana Akufo Addo put Ghana into Ghana will not come out of it in the next 10 years, Ghana is gone. 1 Like 1 Share |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by cyrilamx(m): 8:05pm On Nov 10, 2022 |
alimiadedayo1:This is where u goof. Remember in 2007, Ghana redenominated her currency, which is a simplification of nominal value of currency by reducing digit (zero number) without reducing the real value of the currency. Thus removing 4 zeros from their currency to make it look strong where by in reality it is nothing. Thus 1 Cedi is in reality 10000 cedis. Thus Nigeria naira has more purchasing power to the cedi. N1000 is far stronger than 10000 cedi. https://www.pwc.com/gh/en/publications/redenomination-of-the-cedi.html 4 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by mediclife1987(m): 8:06pm On Nov 10, 2022 |
Jayphoenix45: And this was the useless country I was planning to go enjoy my leave period in, because of their big black yanshed curvy black babes. Even their babes sef go don cost like .ad, or start looking hungry. Na God save me sha. Make I jejely pass through Ikom enter Cameroon go seek other fun filled adventures... |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by d142475: 8:07pm On Nov 10, 2022 |
alimiadedayo1: 1k can get you better boil and small groundnu and pure water, That one go belle food you. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Ilaje1: 8:07pm On Nov 10, 2022 |
Eriokanmi: True. However you can trace the Nigeria problem to every successive govts. They are all useless. Oil Bunkering has been around since the military rule, not just today. For example the money saved by OBJ which could have been used to cushion effect of hardship today was looted during Jonathan. Oil price was highest during Jonathan regime, which means he could have tripled ObJ savings instead they wasted all and even looted OBJ's savings. During OBJ, $16B meant for power/electricity project was looted. And remember OBJ himself says what ATIKU stole will take care of 300m people. The same Atiku Obi was his VP last election. I don't have to mention Abacha's, we all know it. During IBB $12B oil windfall disappeared. And I don't have to mention this useless govt too because money has been disappearing too. At the end of the day none of those guys (Tinubu, Atiku, Obi, Kwankwanso) have naija interest. They are all bunched of PDP-APC recycled politicians. 7 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by preciousmetals: 8:07pm On Nov 10, 2022 |
They are not sincere, that is not the true inflation, Ghana inflation in hovering around 90% or more Ckonnet: 2 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by achillesfoot(m): 8:08pm On Nov 10, 2022 |
hakeem4:. Please don't bother replying that dude... The problem with such people is instead of learning, they allow pride and ego take over and they insult people who could have enlightened them.. It's obvious he has never left the borders of Nigeria, or spent money in another currency other than the naira... Save yourself the stress... You dragging a dead horse to the stream.. 3 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by alimiadedayo1: 8:08pm On Nov 10, 2022 |
cyrilamx:can you explain what you just copy and paste in a very simple language |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by saxby(f): 8:09pm On Nov 10, 2022 |
Where naija own dey? |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by hakeem4(m): 8:09pm On Nov 10, 2022 |
alimiadedayo1:I just asked a question about the school you went to, so as my children would not have to attend such mediocre school. Naira has a higher purchasing power parity than the Ghc. lets use the official rate to judge a bag of pure water in Nigeria is around 200-250 naira whilst in Ghana, it is 10GhC (311naira). and so on and so forth 6 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by alimiadedayo1: 8:10pm On Nov 10, 2022 |
d142475:that is a lie we are talking about food my brother not boli and small groundnut.. we are talking of better food.. i spent almost 1.5k yesterday buy ordinary jollof rice and meat yesterday in a small eatery which doesn't cost up to 1k before our purchase power parity is lower than last 7 years or 10 years ago |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by achillesfoot(m): 8:11pm On Nov 10, 2022 |
hakeem4:. Please don't bother replying that dude... The problem with such people is instead of learning, they allow pride and ego take over, they insult people who could have enlightened them.. It's obvious he has never left the borders of Nigeria, or spent money in another currency other than the naira... Save yourself the stress... You dragging a dead horse to the stream.. 2 Likes 1 Share |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Allisgud: 8:12pm On Nov 10, 2022 |
Watch how ghanians go Japa come naija, nigeria inflation is 20.7% |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by alimiadedayo1: 8:13pm On Nov 10, 2022 |
hakeem4:I thought you have brain before so this is reason why you said Naira has purchasing power parity than cedis comparing two commodities prices to justify your claim.. go back to your secondary school and start again.. I want a very cognitive actual fact that is practically application to the reality |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by preciousmetals: 8:14pm On Nov 10, 2022 |
All this inflation released by Ghana Government and also the one's been released by Nigeria Government are all fake, see the original inflation for September released by Professor Hanke.
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by mediclife1987(m): 8:14pm On Nov 10, 2022 |
WayoProphet: I can't wait to straff their big black yanshed curvy black babes... Them Sabi ashewo no be small |
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