Ghana Inflation Rate at 5-Month High


Consumer prices in Ghana increased 16.9 percent year-on-year in May of 2015, up from a 16.8 percent rise in the previous month as a weak cedi keeps pushing import prices up.

Food prices increased 7.3 percent, housing and utilities surged 25.4 percent and clothing and footwear went up 24.4 percent. Additional upward pressure came from transport (up 25.2 percent), miscellaneous goods and services (up 19.5 percent) and restaurants, cafes and hotels (up 21 percent).

On a monthly basis, consumer prices rose 1 percent, slowing from a 1.8 percent increase in April.

Ghana Inflation Rate at 5-Month High


Joana Taborda | joana.taborda@tradingeconomics.com
6/10/2015 3:42:23 PM