77% of Ghanaians believe the country is headed in the wrong direction according to a survey conducted by Global Info Analytics.
From current happenings, it seems most Ghanaians are not content with the direction the country is heading. In a time of hourly inflation, just bear in mind the price of a good today, is only its price today. Tomorrow certainly has it’s own price.
Just this, smacks of a country heading in a wrong direction.
Interestingly, the survey found that 16% of Ghanaians thought their nation was moving in the right direction and 77% thought the country is going wayward.
Seven percent of those surveyed had no view on where the nation was going.
The survey’s findings were based on data from a sample size of 5,661.
Based on the total number of voters in each region as reported in the EC 2020 register, the sample size was distributed among all the regions.
The government is currently requesting assistance from the International Monetary Fund (IMF) to keep the economy afloat since the nation is currently experiencing a cost-of-living problem.
Every economic indicator of the country does not paint a pleasant picture.
Ghana has experienced unusually sharp food price increases on the African continent, according to the Food Price Index in Countries in Sub-Saharan Africa.
According to the Ghana Statistical Service, food inflation in Ghana has been significant, with an annual inflation rate of 34.4% in August 2022.
The inflation rate was significantly higher when compared month to month.
A report from the World Bank suggests food commodities’ prices in Ghana are high, the first in the Sub-Saharan continent.
In 2022, Ghana has the highest food prices in Sub-Saharan Africa, according to the World Bank.
Food prices have increased by 122% since January 1, 2022, according to the October 2022 Africa Pulse Report from the Bretton Woods Institution.
Oils and fats (67%), fish and other seafood (42.9%), water (42%), cereal goods (40%), milk, dairy products, and eggs (39.7%), fruit and vegetable juices (37.7%), and live animals and meat (34.5%) are the main drivers of food inflation in Ghana.
