Sentences with phrase «skyrocketing price inflation»
He notes that real returns were even worse in the 1970's, due to a combination of tepid market returns and skyrocketing price inflation.
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Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans.
He noted that the mess in which Ghana's economy finds herself is evident in the rising cost of living, skyrocketing levels of inflation, high bank lending / interest rates, and hikes in petroleum and utility prices, amongst others, which have left Ghanaians reeling from unprecedented levels of hardships and suffering.