Nigeria, Oct. 2 -- The News Chronicle spoke with Ogechi Evongwa, Territory Commercial Manager, Mondelez International, to clarify what this means for Ghana, its people, and the larger West African area. He weighed in on the achievement and what consequences it might have for Nigeria as well.
TNC: For the first time since 2021, Ghana's inflation has dropped to single digits. For their economy, how important is this milestone?
Evongwa: That's quite an accomplishment. Consumer purchasing power is directly affected by inflation; reducing it to 9.4 percent indicates better pricing stability. For Ghana, it implies that families and companies will be able to make plans more effectively, get lower-risk credit, and develop local economic t...