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Inflation in Ghana: GUTA calls its members to order

20/04/2023
Source : ORISHAS FINANCE
Categories: Rate

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Despite the downward trend in inflation and exchange rates, traders Old Style”, "serif"> Ghanaians maintiennent toujours leurs prix aussi élevés. Face aux difficultés des populations The Ghana Traders Association (GUTA) calls its members to order through a statement

.

Prices shown in markets should reflect the current downward trend in inflation and exchange rates. This is the intention in which the Ghana Traders Association sent a press release to its members. Year-on-year inflation, which was 54.1% in December 2022, saw three consecutive reductions in 2023, 53.6% in January, 52.8% in February, and 45% in March. For its part, the exchange rate of the local currency against the dollar, which was 13.09 GHS to $1 on December 1, 2022, has experienced a certain decrease over time, the last being from 10.92 GHS to $1 for April 12. Thus, .GUTA

urges all members of the business community to respond positively to the changing trend and to adjust prices to reflect the exchange rate.
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