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: