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Top-7 countries with highest inflation rate in 2023

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Ghana

In February 2023, Ghana experienced a decrease in its annual inflation rate for the second consecutive month, falling from 53.6% in the previous month to 52.8%. This follows a peak of 54.1% in December, the highest it has been in over 20 years. The reduction in inflation was largely due to the stability of the cedi currency and a decline in international oil prices.

Ghana

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