• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria's Inflation Climbs To 33.9% As Food Prices Skyrocket

Ghana: Prices Of Goods Could Go Up By 40% Soon

3 years ago
Journalists Forced To Join Army In Burkina Faso - Report

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

9 hours ago
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

12 hours ago
Libya Declares Emergency As Devastating Storm Daniel Hits Eastern Region

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

17 hours ago
MWC Kigali
Botswana: Nigerian National Appointed As Head Of SWF

Botswana: Nigerian National Appointed As Head Of SWF

17 hours ago
Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

21 hours ago
Tuesday, September 16, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    South Sudan: US Calls For Release Of Detained First VP

    South Sudan: Murder, Treason Charges Against Vice President Sparks Tension With Opposition

    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Malawi: Campaigns End Ahead Of Tuesday Presidential Polls

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Tanzania: Electoral Body Accepts Candidacy Of Opposition Figure After Court Ruling

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    Albania: PM Appoints World’s First AI-Generated Minister To Oversee Public Tenders

    South Sudan: US Calls For Release Of Detained First VP

    South Sudan: Murder, Treason Charges Against Vice President Sparks Tension With Opposition

    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

  • Economy
    Botswana: Nigerian National Appointed As Head Of SWF

    Botswana: Nigerian National Appointed As Head Of SWF

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    Africa’s Transition States Need $210bn Yearly To Power Transformation – AfDB

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    EXPLAINER: 10 Things To Note About Nigeria’s New Tax ID Rules

    Nigeria: Govt Inaugurates Committees For Civil Service Personnel Audit

    Nigeria: Govt Launches Civil Service Audit, Targets Future-Ready Workforce

    India To Inject $680 Million Into Mauritius’ Economy

    India To Inject $680 Million Into Mauritius’ Economy

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Ghana: Prices Of Goods Could Go Up By 40% Soon

August 13, 2022
in Top Stories, World
0
Nigeria's Inflation Climbs To 33.9% As Food Prices Skyrocket

rate

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Ebi Kesiena

The Importers and Exporters Association of Ghana, says prices of commodities are likely to increase by 40 percent if the cedi keeps losing value and inflation goes further up.

Relatedreading

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

Executive Secretary of the Importers and Exporters Association of Ghana, Sampson Asaki Awingobit, explained that if nothing is done to cushion exporters, they would be forced to increase prices to stay afloat.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

“Prices have to go up, and they will continue to go up. Inflation is 31 percent so we can also increase prices by 40 percent. We have to hedge ahead, so we will be in our comfortable positions. We know it’s not okay to increase prices, but the current circumstances demand it until government does otherwise, that will be the way to go,” he said.

Significant increases in prices of transport and food pushed Ghana’s inflation rate to hit 31.7 percent in the month of July 2022.

This represents a 1.9 percentage point increase over the 29.8 percent rate recorded in June 2022.

On a monthly basis, inflation between June 2022 and July 2022 was 3.1%.

This was captured in the Consumer Price Index (CPI) data released by the Ghana Statistical Service (GSS) on Wednesday, August 10, 2022.

According to the data, food inflation rose again to 32.3% while non-food inflation was 31.3 percent.

Government Statistician, Professor Samuel Anim highlighted the impact of the key drivers on the increase in the overall inflation rate for July 2022.

“We composed this from two perspectives, the food and non-food inflation and from a domestic and imported perspective. From the food and non-food inflation, we recorded food inflation of 32.3% and 31.3% for non-food inflation.”

“From the domestic perspective, we recorded 29.2% and imported inflation of 31.3%.”

He further indicated that Eastern Region recorded the highest inflation rate of 38.1% whereas the Upper East Region recorded the lowest inflation rate of 19.8%.

Bloomberg has also indicated that the local currency recorded a -28.82% depreciation to the dollar as of August 8, 2022.

Tags: breakingGhanaGoodsHeritageheritage timesheritagetimesmedialatestmporters and Exporters Association of GhananewsSampson Asaki Awingobitthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

EPL: Man Utd Slip To Bottom Of Table, As Arsenal’s Bright Start Continues

Next Post

Taliban Beat Women Protesters In Afghanistan

Related Posts

Journalists Forced To Join Army In Burkina Faso - Report

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

September 15, 2025
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

September 15, 2025

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

Botswana: Nigerian National Appointed As Head Of SWF

Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

Next Post
Taliban Beat Women Protesters In Afghanistan

Taliban Beat Women Protesters In Afghanistan

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Journalists Forced To Join Army In Burkina Faso - Report

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

September 15, 2025
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

September 15, 2025
Libya Declares Emergency As Devastating Storm Daniel Hits Eastern Region

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

September 15, 2025
Botswana: Nigerian National Appointed As Head Of SWF

Botswana: Nigerian National Appointed As Head Of SWF

September 15, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Burkina Faso: 50 Civilians Slain In Jihadist Attacks Since May – HRW

September 15, 2025

Zambia: Court Jails Two Men Over Attempt To Kill President Hichilema With Witchcraft

September 15, 2025

Pakistan: Punjab Flood Survivors Head Back Home As Water Levels Recedes

September 15, 2025

Botswana: Nigerian National Appointed As Head Of SWF

September 15, 2025

Why Canada Rejected Over 1,500 Nigerian Asylum Applications In 2025

September 15, 2025

Afreximbank Signs $500m Deal To Boost Nigeria’s Gas Infrastructure

September 14, 2025

US Secretary Of States Rubio In Israel After Strike On Qatar

September 14, 2025

Venezuela: Civilians Train On Shooting Skills Amid US Threats

September 14, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In