{"id":62496,"date":"2023-12-18T10:48:09","date_gmt":"2023-12-18T10:48:09","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation"},"modified":"2023-12-18T11:18:26","modified_gmt":"2023-12-18T11:18:26","slug":"ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation","title":{"rendered":"Ghana\u2019s economy is rebounding with a 26.4% drop in inflation"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Member of Parliament MP for Akim Swedru in the Eastern Region, Kennedy Osei Nyarko has stated his optimism for Ghana\u2019s economy to recover.<\/b><\/p>\n

Kennedy Osei Nyarko assured the public that his government is working hard to restore the economy to a high rate of growth.<\/p>\n

He underlined the importance of faith and unity because he thinks that under his direction, Ghana\u2019s fortunes will turn around.<\/p>\n

His recent comments is in relation to Ghana\u2019s inflation rate that has dipped from 40.1% in August to 26.4% in November 2023.<\/p>\n

\u201cInflation falls to 26.4% in November 2023. Gradually we will recover economically together. Our lives and standard of living will definitely improve for better soon,\u201d Kennedy Osei Nyarko wrote on his official Facebook page.<\/p>\n

He comprehended the difficulties the economy was facing, especially in light of the COVID-19 pandemic.<\/p>\n

He highlighted the importance of making tough choices during this process and praised the government\u2019s policies and initiatives for tackling these issues.<\/p>\n

Kennedy Osei Nyarko gave the populace assurances that the administration is committed to upholding stability, promoting faster growth, and maintaining monetary stability.<\/p>\n

He highlighted the decline in inflation from from 40.1% in August to 26.4% in November 2023 as a positive indicator of the country\u2019s economic recovery.<\/p>\n

Kennedy Osei Nyarko claims that a major factor in Ghana\u2019s ongoing economic recovery has been the government\u2019s swift implementation of strict fiscal and monetary policy measures since last year and in the first half of 2023.<\/p>\n

He listed the benefits of these actions as robust growth, decreasing inflation, better fiscal and external balances, and a stable exchange rate.<\/p>\n

The Consumer Price Index (CPI) figures for the year ended on Thursday, December 14th, showed that non-food inflation was at 21.7 percent and food inflation was at 32.2 percent.<\/p>\n

Professor Samuel Kobina Annim, the government statistician, highlighted the rates and stated that Greater Accra had the lowest inflation rate at 19.8% and the Western area had the highest at 39.8%.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Member of Parliament MP for Akim Swedru in the Eastern Region, Kennedy Osei Nyarko has stated his optimism for Ghana\u2019s economy to recover. Kennedy Osei Nyarko assured the public that his government is working hard to restore the economy to a high rate of growth. He underlined the importance of faith […]<\/p>\n","protected":false},"author":84,"featured_media":62495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-62496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nGhana\u2019s economy is rebounding with a 26.4% drop in inflation - Ghana<\/title>\n<meta name=\"description\" content=\"The Member of Parliament MP for Akim Swedru in the Eastern Region, Kennedy Osei Nyarko has stated his optimism for Gh ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana\u2019s economy is rebounding with a 26.4% drop in inflation\" \/>\n<meta property=\"og:description\" content=\"The Member of Parliament MP for Akim Swedru in the Eastern Region, Kennedy Osei Nyarko has stated his optimism for Gh ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-18T10:48:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T11:18:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1702885630.621844.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ghana\u2019s economy is rebounding with a 26.4% drop in inflation\",\"datePublished\":\"2023-12-18T10:48:09+00:00\",\"dateModified\":\"2023-12-18T11:18:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation\"},\"wordCount\":340,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1702885630.621844.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/ghanas-economy-is-rebounding-with-a-26-4-drop-in-inflation\",\"name\":\"Ghana\u2019s economy is rebounding with a 26.4% drop in inflation - 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