Wednesday 26 January 2011
Protesters demonstrate against a hike in fuel prices in Ghana’s capital Accra. Ghana’s annualised producer price inflation rate rose to 17.98 percent in December from 15.98 percent the month before, the country’s statistics office said on Wednesday. The government announced a hike in the price of petrol and diesel by 30 percent in an effort to offset a costly surge in crude oil prices on the world market and to pay off the state-owned refinery debt. (‘AHOKYERE‘, as the demo was dubbed by its organisers, denotes ‘harsh economic times’).