BoG explains inflation and its impact on the well being of citizens

The Bank of Ghana has offered educational insights on inflation and its impact on the well being of citizens.

Inflation is a measure of how much more expensive a specific set of goods and services has become over a certain period. It is usually a broad measure, encompassing the overall increase in prices or the rise in the cost of living in a country.

The Central Bank shared a video on its official YouTube page, outlining the factors driving inflation and its effects on daily life.

Watch the video below: