{"id":23249,"date":"2023-10-04T17:54:53","date_gmt":"2023-10-04T17:54:53","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge"},"modified":"2023-10-04T18:14:24","modified_gmt":"2023-10-04T18:14:24","slug":"bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge","title":{"rendered":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge"},"content":{"rendered":"

Africa-Press – Sierra-Leone. <\/strong><\/span>The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have remained persistent since their previous MPC Meeting due to the demand and supply side factors.<\/p>\n

<\/a>The Policy statement affirmed that headline inflation edged up from 44.3 percent in May 2023 to 44.81 percent in June 2023 and increased significantly further to 50.94 \u2013 percent in August 2023.<\/p>\n

The monetary statement further pointed out that headline inflationary pressures continue to be largely driven by both food inflation and non-food inflation.<\/p>\n

The Monetary Policy Committee of the Bank of Sierra Leone met on 28 September 2023 in a meeting chaired by the Acting Bank Governor, Dr. Ibrahim L. Stevens. After a careful assessment of recent macroeconomic and financial developments in the global and domestic economy and the implications for domestic inflation and growth, the MPC decided to raise the Monetary Policy Rate [MPR] by 2.0 Percentage points, to 21.25.<\/p>\n

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

Africa-Press – Sierra-Leone. The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have remained persistent since their previous MPC Meeting due to the demand and supply side factors. The Policy statement affirmed that headline inflation edged up from 44.3 percent in May 2023 to 44.81 percent in […]<\/p>\n","protected":false},"author":84,"featured_media":23247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[291,293,292],"class_list":["post-23249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-sierra-leone","tag-sierra-leone"],"yoast_head":"\nBank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge - Sierra Leone<\/title>\n<meta name=\"description\" content=\"The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have re ...\" \/>\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\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge\" \/>\n<meta property=\"og:description\" content=\"The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have re ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\" \/>\n<meta property=\"og:site_name\" content=\"Sierra Leone\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-04T17:54:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-04T18:14:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge\",\"datePublished\":\"2023-10-04T17:54:53+00:00\",\"dateModified\":\"2023-10-04T18:14:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\"},\"wordCount\":169,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Sierra-Leone\",\"Sierra-Leone\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\",\"url\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\",\"name\":\"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge - Sierra Leone\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg\",\"datePublished\":\"2023-10-04T17:54:53+00:00\",\"dateModified\":\"2023-10-04T18:14:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have re ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg\",\"width\":1200,\"height\":628,\"caption\":\"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/sierra-leone\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#website\",\"url\":\"https:\/\/www.africa-press.net\/sierra-leone\/\",\"name\":\"Sierra Leone\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/sierra-leone\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge - Sierra Leone","description":"The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have re ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge","og_locale":"en_US","og_type":"article","og_title":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge","og_description":"The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have re ...","og_url":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge","og_site_name":"Sierra Leone","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-10-04T17:54:53+00:00","article_modified_time":"2023-10-04T18:14:24+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge","datePublished":"2023-10-04T17:54:53+00:00","dateModified":"2023-10-04T18:14:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge"},"wordCount":169,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg","keywords":["Africa Press","Africa Press-Sierra-Leone","Sierra-Leone"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge","url":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge","name":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge - Sierra Leone","isPartOf":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg","datePublished":"2023-10-04T17:54:53+00:00","dateModified":"2023-10-04T18:14:24+00:00","author":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have re ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#primaryimage","url":"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg","contentUrl":"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/10\/sm_1696430612.236542.jpg","width":1200,"height":628,"caption":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/bank-of-sierra-leone-reveals-how-inflation-remains-a-serious-and-persistent-challenge#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/sierra-leone\/"},{"@type":"ListItem","position":2,"name":"Bank of Sierra Leone Reveals How Inflation Remains a Serious And Persistent Challenge"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/sierra-leone\/#website","url":"https:\/\/www.africa-press.net\/sierra-leone\/","name":"Sierra Leone","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/sierra-leone\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/posts\/23249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/comments?post=23249"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/posts\/23249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/media\/23247"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/media?parent=23249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/categories?post=23249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/sierra-leone\/wp-json\/wp\/v2\/tags?post=23249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}