• Latest
  • Trending

Ghanaian consumers and traders lament over food price hikes – News Ghana

October 17, 2022
Prophetic Warning and Mohbad’s Tragic Demise: Unraveling the Mysteries of Music and Fate

Prophetic Warning and Mohbad’s Tragic Demise: Unraveling the Mysteries of Music and Fate

September 23, 2023
Dance Legends Adjetey Sowah and Reggie Rockstone Playfully Reflect on Past Competitions

Dance Legends Adjetey Sowah and Reggie Rockstone Playfully Reflect on Past Competitions

September 23, 2023
ADVERTISEMENT
Adjetey Sowah Reveals Reggie Rockstone’s Fear During Dance Competitions

Adjetey Sowah Reveals Reggie Rockstone’s Fear During Dance Competitions

September 23, 2023
Efia Odo Condemns #OccupyJulorBiHouse Arrests, Labels President ‘Dictator’

Efia Odo Condemns #OccupyJulorBiHouse Arrests, Labels President ‘Dictator’

September 23, 2023
Electoral Commission’s Voter Registration Process: A Look at Past Challenges and Solutions

Electoral Commission’s Voter Registration Process: A Look at Past Challenges and Solutions

September 17, 2023
Seven Political Parties Express Concerns Over EC’s Limited Voter Registration

Seven Political Parties Express Concerns Over EC’s Limited Voter Registration

September 17, 2023
EC Explains Decision to Limit Voter Registration Exercise: Focus on Sanctity of Register

EC Explains Decision to Limit Voter Registration Exercise: Focus on Sanctity of Register

September 17, 2023
Dreams FC Secures Crucial Away Point in CAF Confederation Cup

Dreams FC Secures Crucial Away Point in CAF Confederation Cup

September 15, 2023

Yunus Musah: He could have played for Ghana, Italy or England… but will play for the USMNT in Qatar – Marca English

November 18, 2022

Pompey rivals supporting keeper following 'cruel' World Cup blow as 'skint' boss at strugglers criticises board – Portsmouth News

November 18, 2022
ADVERTISEMENT
  • Fixtures & Standings
  • Livescore
  • Religion
  • Online Radio
  • Contact Us
  • About Us
  • Privacy Policy
Saturday, September 23, 2023
FacetvNews
No Result
View All Result
  • Login
  • News

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Politics
  • Business
  • World
  • Opinion
  • Science
  • Entertainment
  • Ghana
  • Middle East
  • security
  • Africa
  • News

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Politics
  • Business
  • World
  • Opinion
  • Science
  • Entertainment
  • Ghana
  • Middle East
  • security
  • Africa
No Result
View All Result
Morning News
No Result
View All Result
ADVERTISEMENT
Home Featured featured

Ghanaian consumers and traders lament over food price hikes – News Ghana

Facetvnews by Facetvnews
October 17, 2022
in featured
0 0
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Consumers and traders in Ghana on Friday expressed worry about the hikes in the prices of food and related products amid soaring inflation.
According to a World Bank report earlier in the month, Ghana ranked first as the country with the highest food prices in Sub-Saharan Africa this year.
Agnes Baidoo, a Ghanaian resident of Tema city and mother of three, told Xinhua the increasing food prices were taking a heavy toll on the finances of her family.
“The frequent increase in the prices of foodstuffs is affecting my family. Because my income is relatively stable, I am unable to purchase the same quantity of food that I used to purchase to feed my family. Because of this, I have to either borrow to feed my family or cut down on the quantity of food,” she said.
Baidoo called for the government to take stronger measures to come up with a policy to address the increasing food prices as a matter of urgency to protect consumers across the country.
Anthony Eshun, a 53-year-old imported-rice retailer, told Xinhua that the rampant increase by the traders was a result of the depreciating Ghanaian currency, adding that the food price hikes have resulted in low patronage by consumers as prices have more than doubled within a short time.
“I am worried as a trader about the increasing prices of my products. This is because many consumers come here and ask about prices, but many of them turned away because they cannot afford the products,” Eshun said.
The Ghana Statistical Service said Wednesday that the West African country’s annual consumer inflation maintained an upward surge in September with an increase of 37.2 percent.
On Oct. 6, the Bank of Ghana, the central bank, announced a 250 basis points increase in the benchmark policy rate to 24.5 percent to arrest the fast depreciation of the local currency. Enditem

Any update
GHANA OUR BELOVERED COUNTRY SHOULD HAVE BEEN AMONG THE DEVELOPED COUNTRIES IN THE WORLD AFTER 65YEARS OF INDEPENDENCE WITH RESPECT…
and I was happy am going to a university I never knew it would be this bad
Please l took a loan from my bank to help my sick parents, they deduct 90% of my salary because…
Pls, may I know if there has been any update concerning a publication made on your website in April 28,…

READ ALSO

Existing heart medication may help treat alcohol use disorder – Medical News Today

Why Is Ghana Turning to the IMF? – Foreign Policy

ADVERTISEMENT

source

Tags: @facetvnews

Related Posts

featured

Existing heart medication may help treat alcohol use disorder – Medical News Today

October 21, 2022
featured

Why Is Ghana Turning to the IMF? – Foreign Policy

October 21, 2022
featured

Bill Squadron featured in ABC News report on transparency of NIL deals – Today at Elon

October 21, 2022
featured

Warning signs posted after box jellyfish spotted in Waikiki – Hawaii News Now

October 21, 2022
featured

No tax hikes, fee increases in Barlow's $55 million budget for 2023 – oswegocountynewsnow.com

October 21, 2022
featured

Steven Gerrard out as manager of Aston Villa – Lethbridge News Now

October 21, 2022
Next Post

Boxing Betting Primer: Saul 'Canelo' Álvarez vs. Caleb Plant - Sports Illustrated

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Close-up image of An old book with music notes. Sheet music with notes and lyrics

Lyrics: Sarkodie – Goodbye

February 8, 2022

Sanibel transmission line expected be energized today | News, Sports, Jobs – Sanibel-Captiva Islander

October 16, 2022

What’s Next for Former KTLA Co-Anchors Mark Mester and Lynette Romero After Exit Drama – E! NEWS

October 25, 2022

Public urged to visit PURC for redress of utility challenges – News Ghana

October 16, 2022

The Weather Today

October 15, 2022

EDITOR'S PICK

Autumn internationals: Argentina complete famous win over sloppy England – The Telegraph

November 7, 2022

Ghana pushes for community vaccination – Africanews English

November 12, 2022

Miguel Almiron named Premier League Player of the Month for October – Coming Home Newcastle

November 13, 2022

AMAA 2022: Ghanaian Actress Lydia Forson Slays In Elegant Blue Outfit; Celebrities Hail Her – YEN.COM.GH – Yen.com.gh

November 1, 2022
ADVERTISEMENT

About

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow us

Categories

  • About Us
  • Africa
  • African Football
  • albums
  • Artist
  • booking
  • Boxing
  • Business
  • business videos
  • Celebrity
  • Champions League
  • Crime & Punishment
  • Downloads
  • EC
  • Economy
  • Education
  • Elections
  • Entertainment
  • events
  • FAQ
  • Featured
  • featured
  • Ghana
  • Ghana football
  • Ghana Sports
  • gossip
  • Government
  • Grab the Mic
  • History
  • human rights
  • International Sports
  • Investigations
  • Latest news
  • Lifestyle
  • Middle East
  • Military
  • Music Videos
  • News Update
  • nigeria
  • Police
  • Politics
  • Religion
  • riddims
  • Russia-Ukraine Crises
  • security
  • social
  • social videos
  • sports
  • Stories
  • Traditional
  • Videos
  • videos-religion
  • World Football
  • world News

Recent Posts

  • Prophetic Warning and Mohbad’s Tragic Demise: Unraveling the Mysteries of Music and Fate
  • Dance Legends Adjetey Sowah and Reggie Rockstone Playfully Reflect on Past Competitions
  • Adjetey Sowah Reveals Reggie Rockstone’s Fear During Dance Competitions
  • Efia Odo Condemns #OccupyJulorBiHouse Arrests, Labels President ‘Dictator’
  • Fixtures & Standings
  • Livescore
  • Online Radio
  • Religion
  • Contact Us

© 2021 FacetvNews -All Rights Reserved - Powered by McPerry imaginations.

No Result
View All Result
  • Homepages
    • Home Page 1
    • Home Page 2
  • News
  • Politics
  • National
  • Business
  • World
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Opinion
  • Science
  • Tech
  • Travel

© 2021 FacetvNews -All Rights Reserved - Powered by McPerry imaginations.

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
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?