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Journal : West Science Business and Management

Impact of Inflation on Consumer Spending Habits and its General Implications in Sub-Saharan Africa Kehinde, Segun
West Science Business and Management Vol. 3 No. 02 (2025): West Science Business and Management
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsbm.v3i02.1826

Abstract

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.