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Inflation stayed above 20% for 34 consecutive months; it’s very alarming – IFS

“In fact, from February 2004 to December 2021, a period of 215 months, inflation rate stood above the 20% mark for only 6 months – from February to July 2009. This followed the 2008 fiscal slippage in Ghana and the 2007-2008 global financial and food price crises”, it said in a statement.


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