Ghana’s Inflation Hits 22-Year High Amid Fiscal Crisis

Ghana is battling its worst economic crisis in a generation, amid a currency crisis that has worsened the nation’s fiscal position

Ghana’s consumer inflation rose to 54.1 per cent year-on-year in December, up from 50.3 per cent the previous month, the country’s statistics office said Wednesday.

Representing the highest level in 22 years, the surging inflation rate is driven by skyrocketed prices of fuel, utilities and food. December’s inflation reading in the West African country is the highest…