Ghana’s Inflation for the month of May skyrockets to 27.6%
According to the Ghana Statistical Service (GSS), the year-on-year inflation rate for May 2022 was 27.6%. It represents a four percentage point’s increase in the inflation rate compared to the 23.6 per cent recorded in April 2022. This means that in the month of May 2022, the general price level was 27.6% higher than in May 2021. Month-on-month inflation between April 2022 and May 2022 was 4.1% The Consumer Price Index for May 2022 was 162.8 relative to 127.6 in May 2021. Apexnewsgh.com/Ghana Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093
GHS175m Nestlé plant opened by President Akufo-Addo
On Wednesday, 8th June 2022, I commissioned the GH¢175.4 million state-of-the-art plant of Nestlé Ghana, located in Tema, which is manufacturing infant cereals for the domestic market, as well as for markets in other countries in Central and West Africa. This investment by a major multinational company does not only underscore the confidence that Nestlé and its shareholders have in the Ghanaian economy, but it is also a signal to the global business community that the Ghanaian economy is recovering to its pre-COVID-19 levels. Apexnewsgh.com/Ghana Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093