Impact of Inflation on Consumer Spending Habits and its General Implications in Sub-Saharan Africa
Inflation, as a fundamental economic phenomenon, plays a pivotal role in shaping the economic landscape of regions worldwide. Sub-Saharan Africa, known for its economic diversity and unique socio-economic challenges, is no exception. This essay delves into an exploration of inflation within the context of Sub-Saharan Africa, offering a comprehensive analysis of its dynamics, determinants, and implications. By understanding inflation's multifaceted nature and its impact on the region's socio-economic dynamics, policymakers, economists, and stakeholders can make informed decisions aimed at achieving sustainable economic growth and development.
Authors
- Segun Kehinde
Institutions
- Covenant University (NG)
Publication Details
- Journal
- West Science Business and Management
- Published
- 2025-06-30
- DOI
- https://doi.org/10.58812/wsbm.v3i02.1826
- Primary Topic
- Fiscal Policy and Economic Growth
- Type
- article
- Field-Weighted Citation Impact
- 0.00