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Ghana’s Inflation Hits 40.4% In October 2022 - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessGhana’s Inflation Hits 40.4% In October 2022 (30132 Views)

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Ghana’s Inflation Hits 40.4% In October 2022 by postbox(op): 6:23pm On Nov 10, 2022
Ghana’s inflation figure jumped to a 40.4 percent high in October compared to 37.2 percent last month.

This was revealed in a statement by Ghana Government Statistician, Mr Samuel Annim, on Wednesday.

By implication, the figure will impact the pressure on the country’s central bank to continue increasing borrowing costs, already at a five-year high.

The figure exceeded the median expectation of 39.5%. Nigeria’s inflation figure will be released next week.
SOURCE:https://brandspurng.com/2022/11/10/ghanas-inflation-hits-40-4-in-october-2022/

Re: Ghana’s Inflation Hits 40.4% In October 2022 by LiveWithIt: 6:46pm On Nov 10, 2022
Lagos should come to the rescue ASAP..
We don't need someone who will take Nigeria to this kind of fall, we need someone like tinubu, the master planner.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by FalseProphet1(m):
I see urchins saying that we Nigerians should be Happy because the inflation is worldwide, I see them going to buy garri and groundnuts on credit to drink after posting, I see most of them avoiding a handful number of streets because they're owing almost all the provision shop owners, I see them still supporting Tinubu.

This I have seen.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Brendaniel:
APC wants to use this information to justify their wickedness on Nigerians - you can see them all over the thread, Don't fall for it...

On a normal day are we supposed to even be comparing Nigeria and Ghana based on what we have as resources - both Human and Natural
Re: Ghana’s Inflation Hits 40.4% In October 2022 by backtalkG(m): 6:46pm On Nov 10, 2022
the rising cost of living in Ghana could force Nigerians living there to return or look for a better life in other countries, especially in Europe. We are living dire times
Re: Ghana’s Inflation Hits 40.4% In October 2022 by leksite120(m): 6:46pm On Nov 10, 2022
This is by far very worse.
Their exchange rate to naira is just a mirage and hoax.
The real economic power lies in the purchasing power.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by dele1727:
grin grin grin

Intelligent people know that we are not alone...
Of course this government and the people could have done more....

But the reality is that the world is facing the bites of inflation....

You can't pump money into the economy after covid and not face it....

Plenty money chasing few goods

For the few fools quoting me just because i dont subscribe to the illusion that everywhere else is better than Nigeria....

Or that economic crisis is only affecting us.. here is something from the USA.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Light78: 6:46pm On Nov 10, 2022
It's time people should stop drinking beer every weekend.

Things are gonna be hard.

Put the money to good use.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by TakeNigeriaBack: 6:47pm On Nov 10, 2022
grin grin grin

SANER CLIMES grin grin grin grin
Re: Ghana’s Inflation Hits 40.4% In October 2022 by MANNABBQGRILLS:
It is well.
God please save the world from this inflation happening everywhere.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Obagreatdatoye(m): 6:47pm On Nov 10, 2022
I thought they said Ghana is next to heaven?
Re: Ghana’s Inflation Hits 40.4% In October 2022 by oluwaseyi0: 6:47pm On Nov 10, 2022
You will not see racist pastor unrighteousness here because people in Ghana are black

But if it's white man country he will be disturbing us with end time
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Sammy07: 6:47pm On Nov 10, 2022
Things are really hard in Ghana right now
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Itzlinda(f): 6:47pm On Nov 10, 2022
C
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Houseofglam7(f): 6:47pm On Nov 10, 2022
lipsrsealed
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Biggaboi(m): 6:47pm On Nov 10, 2022
Same Ghana that some people say are better than Nigeria?
Re: Ghana’s Inflation Hits 40.4% In October 2022 by ecolime(m):
TakeNigeriaBack:
grin grin grin

SANER CLIMES grin grin grin grin
Biggaboi:
Same Ghana that some people say are better than Nigeria?
Obagreatdatoye:
I thought they said Ghana is next to heaven?
They have flooded this thread.

Bad news from other countries makes them excited so they can use it to justify the incompetence of APC & their paymasters.

We should be comparing ourselves with great and thriving nations not Ghana, Venezuela,etc.

You guys should be ashamed of yourselves.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by sharpshap(m): 6:47pm On Nov 10, 2022
No be small thing O!
Re: Ghana’s Inflation Hits 40.4% In October 2022 by chakula: 6:47pm On Nov 10, 2022
Their own problem.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by ayaobaidowu: 6:47pm On Nov 10, 2022
I hope these Ghanaians won't start trooping into Nigeria again.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by zazzi: 6:48pm On Nov 10, 2022
Nigeria's inflation is far far more than that.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by LeoDeKing: 6:48pm On Nov 10, 2022
Obagreatdatoye:
I thought they said Ghana is next to heaven?
That is according to ipob bureau of statistics.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Kenneth4u205(m): 6:48pm On Nov 10, 2022
TINUBU SHOULD PLEASE STOP THIS CHEAP PROPAGANDA
Re: Ghana’s Inflation Hits 40.4% In October 2022 by seanwilliam(m): 6:48pm On Nov 10, 2022
Like for naira share for cedis
Re: Ghana’s Inflation Hits 40.4% In October 2022 by LordIsaac(m): 6:48pm On Nov 10, 2022
Africa!
Re: Ghana’s Inflation Hits 40.4% In October 2022 by westlius(m): 6:48pm On Nov 10, 2022
Light78:
It's time people should stop drinking beer every weekend.

Things are gonna be hard.

Put the money to good use.
Dont u knw drinking Nigerian beer help save the naira
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Kellie069(m): 6:49pm On Nov 10, 2022
It’s really tough over there!!
Re: Ghana’s Inflation Hits 40.4% In October 2022 by BuharisBoy: 6:49pm On Nov 10, 2022
Mhm
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Ayoola171(m): 6:49pm On Nov 10, 2022
That's so serious. Nigeria’s inflation figure will be released next week. Make inflation have mercy oooooo.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by heykims(m): 6:49pm On Nov 10, 2022
It's global recession, even Twitter and Facebook ain't excepted.
Everything is not all about Buhari though we still hold him to the jugular coz no one forced him to vie for the Presidency.
Re: Ghana’s Inflation Hits 40.4% In October 2022 by Starzo: 6:50pm On Nov 10, 2022
zazzi:
Nigeria's inflation is far far more than that.
Guy nor talk am

Ghana economic situation worse

Just recently one of their actresses dey complain say na 72k naira Dem take dey fuel car for five days

Naija hard but Ghana present case na another thing entirely

I hope things get better for us and them very soon
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