Fuel prices have taken another significant leap, with petrol and diesel prices hitting record highs.
As of today, petrol is selling at GH¢14.49 per liter, while diesel has surged to GH¢14.90 per liter.
This latest increase marks a substantial jump from previous prices, placing additional burden on consumers already struggling with rising living costs.
Industry experts attribute the hike to global market fluctuations, taxes, and currency exchange rates.
The development has sparked concerns among commuters, transport operators, and businesses reliant on fuel.
The Chamber of Petroleum Consumers (COPEC) has called for government intervention to mitigate the impact on the economy.
“We urge the government to reconsider taxes and levies imposed on fuel to provide relief to Ghanaians,” said COPEC Executive Secretary Duncan Amoah.
Meanwhile, transport unions are considering adjusting fares to reflect the increased fuel costs.
The price hike is expected to have far-reaching implications for the economy, inflation, and consumer spending.
Ghanaians are bracing for potential price increases in goods and services as the ripple effects of the fuel price hike unfold.
Source: OccupyGh.com
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