Naira Metrics
Ghana’s Misery Index climbed to 60.8 in the month of July nearly doubling the 31.51 score recorded at the end of 2021. This also compares to Nigeria’s 62.79 computed for the month of July 2022.
The index reflects the tough economic conditions currently being experienced by Ghanaians as they grapple with currency depreciation, high inflation and a rising external debt burden.
How to calculate the misery index
The Misery Index is an economic indicator that seeks to track a variety of economic statistics to quantify the degree of economic misery experienced by regular people in a given economy…
