Copyright businessinsider
Ghana's inflation rate has dropped to 8% in the current year, significantly lower than 9.4% in the previous month and 22.1% the prior year. This marks the ninth consecutive decrease in inflation rates, reflecting the country's ongoing economic recovery under President John Mahama. High cocoa and gold prices have strengthened Ghana's currency and contributed to the current economic resurgence and inflation reduction. The government has implemented strategies focusing on fiscal discipline, currency stability, and export growth to improve economic conditions.
