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Nairaland Forum / Nairaland / General / Business / Ghana’s Inflation Hits 40.4% In October 2022 (27519 Views)
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by shortIGBOman: 10:03pm On Nov 10, 2022 |
Jayphoenix45: They eat Nigerian Rice in Ghana? 2 Likes
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by LiveWithIt: 10:05pm On Nov 10, 2022 |
nedekid:The person who begat you is a fool and am not sorry to say |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by LiveWithIt: 10:07pm On Nov 10, 2022 |
OfficialAPCNig:It's obvious you love to suffer |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by TechW: 10:19pm On Nov 10, 2022 |
oaugraduate1234:A very big lie, he did not start anything, it is only during his time the proposal came. are Eko atlantic and co owned by lagos state government? the only truth there is LAWMA of which is there in every state. Is lawma an achievement. before you were born, there has always been a sanitation and waste management office. He only resuscitated them 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Peacecore: 10:19pm On Nov 10, 2022 |
Offpointng:Peace I never an option for where Ghana matter dey. I dey hate am when I see Ghana dey follow us drag. I fit comot da peace for ma name wear full vawulence deal with them. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Peacecore: 10:21pm On Nov 10, 2022 |
d142475:Walai! Bubu na failure. Make e go see Putin wey love d progress of his country nau. Ghana na small fry for us na. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Morphinne: 10:21pm On Nov 10, 2022 |
alimiadedayo1:That’s not how it works sir. The Ghanaian cedis is only strong against our naira but both currencies have the same or marginally different values against the USD and don’t mistake this cedis strength against naira for Ghanaian having higher purchasing powers because I notice a lot of people make this mistake often. Their currency is only strong but they don’t have the money. Back in 2019, while a cedis was being exchanged for around 13-14 naira, holding 200 cedis cash was a big deal because they (Ghanaians in my area) weren’t used to seeing ordinary people holding it. In fact, taking a 200 cedis note to local retail stores was one of the easiest ways to spot us as foreigners aside from our thick Nigerian English accent I don’t know how to put this in economic terms but their currency value is only strong against the naira (then it was 1 Ghc=14 Naira) but that doesn’t automatically mean that they have higher purchasing power than we Nigerians but in fact, they are poorer us. Nigerians and some other foreigners are the people doing doings in Ghana and I believe their currency’s dominance over our naira is because they don’t even have the money to be import-dependent like Nigerians (remember that the more you import without filling the deficit with proportionate exportation, the weaker your currency becomes). It’s only in this our Nigeria you hear ppl crying no money yet IPhone 14 promax got here same month it was announced by the makers. 2 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by brandsoncharlie: 10:21pm On Nov 10, 2022 |
dele1727:I told someone here the last time they pay 150-200 $$ per hour depending perdiem in oil rig USA he was like that’s a crazy lie, which is true if you are equipped with the skills they need. I just need to work in the USA for 20 fucking years am ok. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Offpointng: 10:21pm On Nov 10, 2022 |
Peacecore: Ghana is still better na, weytin u go talk about South Africans |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by TechW: 10:22pm On Nov 10, 2022 |
goslowgoslow:Thank God I am not a fool. Show me the ones he started and completed and not the ones done by individuals/private organizations or his successors. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Peacecore: 10:24pm On Nov 10, 2022 |
Offpointng:As in ehh! Na da 1 worse pass buh why I no dey talk about am be say e far from us. We can only sponsor long attack on them buh Ghana na our backyard dem dey. Na to just invade am make the 37th state buh bubu never finish travelling to even think of such good thing |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by gly(m): 10:27pm On Nov 10, 2022 |
LiveWithIt: Why comparing pumping station with corporate headquarters. It shows the level of rigidity of our mind to prove a point that does not worth it! This analogy is trash going by Water Sanitation and Hygiene frame work. 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by preciousmetals: 10:32pm On Nov 10, 2022 |
You don't know what you are talking about Offpointng: 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by maasoap(m): 10:38pm On Nov 10, 2022 |
leksite120: They revalued their currency some years back to make 1 cedi equal 1 dollar. Not like that their currency gained value to level up to dollar . More like wayowayo currency policy 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by maasoap(m): 10:42pm On Nov 10, 2022 |
backtalkG: Ghana government really fvcked up, watching helplessly when those trade unions victimising foreign Africans doing business in Ghana. Telling individuals to register their businesses with huge amount of money greater than their capitals, forcing them to close shops and telling them leave Ghana. What did they expect would happen to their economy in the long run? 6 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by waice6571: 10:50pm On Nov 10, 2022 |
goslowgoslow: It is better you remain silent forever! Buhari is a calamity and anyone who tries to defend him will bring generational courses upon himself 2 Likes |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Artzdanielsz(m): 10:55pm On Nov 10, 2022 |
Light78:Wetin beer do u .make we also stop eating too? |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Jayphoenix45(m): 11:03pm On Nov 10, 2022 |
shortIGBOman:.. Yes sir we do.the rice ghanians eat is perfumed and parboiled. Doesn't take Time to even cook but its gummy unlike our rice..so most nigerians buy nigerian rice. Normally I think knorr cubes are what we use in nigeria the most for seasoning but over here its onga cubes so to get knorr here I buy a pack for 35 cedis which is like 3500 naira when in nigeria its 850 per pack..so you can get some naija stuffs here but its more pricy. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by nedekid: 11:10pm On Nov 10, 2022 |
LiveWithIt:Would have expected too much from you to identify the difference. As per your other statement about who begat who, it is only in Nigeria you see people that have mouth, you see a pauper walk down a street, see a beautiful mansion and say the owner does not have taste, let me advice him on how to build his house. If ojoras, ibrus, igbinedions, otedola, obis, my papa be fools, I rather accept a fool billionaire as papa than a pauper weh get sense but no money. Which side your papa weh born your fall?
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by jimi4us: 11:15pm On Nov 10, 2022 |
vengertime:ok
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Re: Ghana’s Inflation Hits 40.4% In October 2022 by nedekid: 11:26pm On Nov 10, 2022 |
OfficialAPCNig:Are you minding the halfwit? |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by nedekid: 11:28pm On Nov 10, 2022 |
gly:I asked him to tell the difference in both pictures he posted, the kangaroo could not. Instead na to call person papa fool. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by candygist: 11:32pm On Nov 10, 2022 |
FalseProphet1: You sound experienced. Are you speaking from experience ? |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by tctrills: 11:35pm On Nov 10, 2022 |
dele1727:Stop the nonsense. US inflation is 8%, not 40%. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by dele1727: 12:06am On Nov 11, 2022 |
tctrills: And who says its 40%... Mr nonsense... Because u saw a simple article on front page that says USA inflation dropped to 7.7%.... No 1...what was it before it dropped No 2..the 7.7% is national average....not for the housing unit in the image... So please learn to use your mind, eyes ear |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by inoki247: 12:23am On Nov 11, 2022 |
porthouse7: Lol where you wan see 522 naira that's how you guy will go to Google and be checking exchange rate that's CBN rate nobody will ever sell you that rate in black market na like 18 cedis to 1k... 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by noCAP(m): 1:11am On Nov 11, 2022 |
LiveWithIt:fool! |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by themanderon: 1:12am On Nov 11, 2022 |
Struggling to destroy the good works of jerry Rowlings. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by tctrills: 1:22am On Nov 11, 2022 |
dele1727: Do you lack understand? Housing is only one item. Housing inflation does not directly affect up to 10% at any given time. Many Americans already have houses and many others are not looking to buy a house right now eg children. That's why it is foolish to gauge inflation only from one item. You asked what the US inflation was before it dropped. It was a little above 8%. You have a long way to go before you understand the global economy. |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by LiveWithIt: 2:57am On Nov 11, 2022 |
noCAP:exactly what you and your lots are, son of many fathers olofo omo |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by alienvirus: 4:25am On Nov 11, 2022 |
alimiadedayo1: You need to compare naira to old Ghana Cedis first or you don't know that Ghana removed 4 zeros from their currency? 1 Like |
Re: Ghana’s Inflation Hits 40.4% In October 2022 by alienvirus: 5:03am On Nov 11, 2022 |
brain54: Thank you sir. I do go to Ghana every quarter. Just few days ago, I made up my mind that I would reduce it to once in a year. Why? Because of the economic crises we are talking about. If Ghana's situation is not addressed, we will see Ghana's companies closing down and so many people losing their jobs and employers will not be able to cope again. I pray that doesn't happen at all. The day I ordered for food in a nice hotel in Accra and I saw GHS 350 bill, I knew everything was wrong with that country. Just a square meal more than the minimum wage. 1 Like |
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