The prices of goods and services increased astronomically in 2022. This was reflected in the record-high inflation rates released by Ghana Statistical Service. The rate as of November 2022 was above 50%. The high inflation rate was attributed mainly to high imports. Ghanaians kept gasping at the galloping rate of …
Read More »Commodities whose prices have skyrocketed in 2022
It’s been just two months since the year 2022 began but prices of goods and services have started shooting up aggressively. The national year-on-year inflation rate was 13.9% in January 2022, which is 1.3 percentage points higher than the 12.6% recorded in December 2021. Inflation is the rise in the …
Read More »Prices of global commodities as of June 28
• The price of crude oil dropped on the commodities market today at a unit price of -0.95 • Cotton dropped on the market today to sell at a unit price of -1.26 • Coffee also dropped at a price unit of +2.55 On the commodities market today, June 28, …
Read More »List of prices of commodities as of May 20
On the commodities market today May 20, 2021, the price of Crude Oil is sixty-two dollars, seventy-eight cents ($62.78) as compared to yesterday’s trading of sixty-four dollars, thirty-nine cents ($64.39). Gold is trading at one thousand eight hundred and seventy-seven dollars, thirty-six cents ($1,877.36) as compared to yesterday’s trading of …
Read More »