News

Ghana Inflation Rate at 5-Month Low of 9.1%
The annual inflation rate in Ghana fell to 9.1 percent in June 2019 from 9.4 percent in the previous month. It was the lowest inflation rate since January, as prices rose slightly less for both food and non-food products.
Published on 2019-07-10

Ghana Inflation Rate Slows to 9.4% in May
The annual inflation rate in Ghana edged down to 9.4 percent in May 2019 from 9.5 percent in the previous month. Prices slowed for food while continued to rise for non-food products.
Published on 2019-06-12

Ghana Inflation Rate Rises Further to 9.5% in April
The annual inflation rate in Ghana rose to 9.5 percent in April 2019 from 9.3 percent in the prior month. It is the highest inflation rate since last October, as prices advanced faster for non-food products (10.4 percent vs 9.7 percent in March) while food cost slowed (7.3 percent vs 8.4 percent).
Published on 2019-05-16

Ghana Inflation Rate Ticks Up to 9.3% in March
The annual inflation rate in Ghana edged up to 9.3 percent in March of 2019 from 9.2 percent in the prior month. It is the highest inflation rate since December, driven by prices of both food and non-food products.
Published on 2019-04-12

Ghana Inflation Rate Edges Higher to 9.2% in February
The annual inflation rate in Ghana rose to 9.2 percent in February 2019 from 9.0 percent in the previous month. Prices went up faster for both food (8.1% vs 8.0% in January) and non-food products (9.7% vs 9.5%).
Published on 2019-03-19

Ghana Inflation Rate at 6-Year Low of 9% in January
The annual inflation rate in Ghana eased to 9 percent in January of 2019 from 9.4 percent in the prior month. It is the lowest inflation rate since December 2012, as prices slowed for both food (8.0% vs 8.6% in December) and non-food products (9.5% vs 9.8%).
Published on 2019-02-13

Ghana Annual Inflation Rate Rises to 9.4% in December
The annual inflation rate in Ghana rose to 9.4 percent in December of 2018 from 9.3 percent in the previous month, as both food and non-food prices increased at a faster pace.
Published on 2019-01-09

Ghana Annual Inflation Rate Lowest Since 2012
The annual inflation rate in Ghana fell to 9.3 percent in November 2018 from 9.5 percent in the previous month. It remained the lowest inflation since December 2012, as cost of food and non-food slowed.
Published on 2018-12-12

Ghana Annual Inflation Rate Slows to 9.8% in September
The annual inflation rate in Ghana fell to 9.8 percent in September of 2018 from 9.9 percent in the previous month, mainly due to a slowdown in non-food prices.
Published on 2018-10-17

Ghana Annual Inflation Rate Rises to 9.9% in August
The annual inflation rate in Ghana increased to 9.9 percent in August of 2018 from 9.6 percent in July, as both food and non-food inflation rose.
Published on 2018-09-12

Ghana Inflation Rate Slows to 9.6% in July
Annual inflation rate in Ghana eased to 9.6 percent in July of 2018 from 10 percent in the previous month. It was the lowest inflation rate since April, due to a slowdown in non-food prices.
Published on 2018-08-20

Ghana Inflation Rate Picks Up to 10%
The inflation rate in Ghana edged up to 10 percent in June of 2018 from 9.8 percent in May. The inflation accelerated for the second straight month after reaching 9.6 percent in April, the lowest since December of 2012. Transportation was the only category showing a higher inflation rate.
Published on 2018-07-11

Ghana Inflation Rate Rises to 9.8% in May
Inflation rate in Ghana rose to 9.8 percent in May of 2018 from 9.6 percent in April, which was the smallest rate since December 2012, as prices advanced faster mainly for food and fuel. Still, the May figure was the second lowest since January 2013.
Published on 2018-06-14

Ghana Inflation Rate Falls to Lowest Since 2012
Ghana's annual inflation rate dropped to 9.6 percent in April of 2018 from 10.4 percent in the previous month. It was the lowest inflation rate since December of 2012, mostly due to housing and utilities and transport.
Published on 2018-05-09

Ghana Inflation Rate Eases to 10.4% in March
Consumer prices in Ghana advanced 10.4 percent year-on-year in March of 2018, easing from a 10.6 percent rise in the prior month, mainly due to a slowdown in clothing and footwear and transport prices.
Published on 2018-04-11

Ghana Inflation Rate Edges Up to 10.6% in February
Consumer prices in Ghana increased 10.6 percent year-on-year in February of 2018, following a 10.3 percent rise in the previous month. Prices advanced faster mainly due to food and non-alcoholic beverages and housing and utilities.
Published on 2018-03-14

Ghana Inflation Rate Lowest Since 2013
Consumer prices in Ghana increased 10.3 percent year-on-year in January of 2018, easing from a 11.8 percent gain in the previous month. It was the lowest inflation rate since January of 2013, mainly due to a slowdown in food and clothing and footwear prices.
Published on 2018-02-14

Ghana Inflation Rate Rises Slightly to 11.8% in December
Consumer prices in Ghana increased 11.8 percent year-on-year in December of 2017, following a 11.7 percent rise in the previous month mostly due to higher prices of food.
Published on 2018-01-10

Ghana Inflation Rate Rises to 11.7% in November
Consumer prices in Ghana increased 11.7 percent year-on-year in November of 2017, following a 11.6 percent rise in the previous month, mainly due to higher prices of housing, transport and clothing and footwear. The country is following a credit program with the International Monetary Fund that targets to shrink the inflation to 8 percent +/- 2 percentage points and restore the fiscal balance in 2018.
Published on 2017-12-13

Ghana Inflation Rate Lowest Since 2013
Consumer prices in Ghana increased 11.6 percent year-on-year in October of 2017, easing from a 12.2 percent rise in the previous month. It is the lowest rate since August of 2013, mainly due to a slowdown in transport (18.5 percent compared to 21.9 percent in September) and health (4.8 percent compared to 12.7 percent). The country is following a credit program with the International Monetary Fund that targets to shrink the inflation to 8 percent +/- 2 percentage points and restore the fiscal balance in 2018.
Published on 2017-11-08

Ghana Inflation Rate Rises to 12.3% in August
The inflation rate in Ghana increased to 12.3 percent in August of 2017 from 11.9 percent in July. It is the highest increase in inflation rate since March of 2016, mainly due to a base drift effect compared to the index a year ago and higher petroleum prices. In addition, the government recently introduced a 3 percent flat VAT, replacing the 17.5 percent rate, thus increasing prices of several items, mainly imported ones.
Published on 2017-09-14

Ghana Inflation Rate Eases To 11.9% In July
The inflation rate in Ghana declined to 11.9 percent in July of 2017 from 12.1 percent in May. The annual inflation rate fell for the third consecutive month to the lowest inflation rate since September of 2013, on the back of a stable cedi and easing non-food prices, namely transport. The country is committed to lowering inflation to 11.2 percent by the end of the year to restore restore macroeconomic stability under a three year assistance programme with the IMF.
Published on 2017-08-17

Ghana Inflation Rate At Near 4-Year Low of 12.1%
The inflation rate in Ghana decreased to 12.10 percent in June of 2017 from 12.6 percent in May. It is the lowest reading since September of 2013 as inflation slowed both for food (6.2 percent from 6.3 percent) and non-food (15.1 percent from 15.8 percent). The country expects inflation to reach 11.2 percent by the end of 2017, in order to restore macroeconomic stability under a three year assistance programme with IMF.
Published on 2017-07-14

Ghana Inflation Rate Lowest Since September 2013
Consumer prices in Ghana increased 12.6 percent year-on-year in May of 2017, easing from a 13 percent rise in April. It is the lowest inflation rate since September of 2013, as declining fuel cost led to a general slowdown in prices.
Published on 2017-06-14

Ghana Inflation Rate Rises To 13% In April
Inflation rate in Ghana inched up to 13 percent in April from three and a half year low of 12.8 percent reported in March. While cost of transportation surged 24.9 percent dues to rise in transport fares, food inflation slowed to 6.7 percent which was the lowest since November 2014.
Published on 2017-05-10

Ghana Inflation Rate Down To 12.8% In March
Consumer prices in Ghana increased 12.8 percent year-on-year in March of 2017, from a 13.2 percent rise in February. The inflation fell for the sixth consecutive month to the lowest since September of 2013, mainly due to a slowdown in cost of transport and health.
Published on 2017-04-12

Ghana Inflation Rate Lowest Since November 2013
The annual inflation rate in Ghana slowed slightly to 13.2 percent in February of 2017 from 13.3 percent in the previous month. It was the lowest inflation rate since November of 2013 mainly due to a decline in the price of fuel.
Published on 2017-03-15

Ghana Inflation Rate Lowest Since November 2013
The annual inflation rate in Ghana slowed to 13.3 percent in January of 2017 from 15.4 percent in the previous month. It was the lowest inflation rate since November of 2013, as non-food cost rose at a slower pace namely for housing and utilities and transport and food prices also increased less.
Published on 2017-02-15

Ghana Inflation Rate Lowest Since July 2014
The annual inflation rate in Ghana eased to 15.4 percent in December of 2016 from 15.5 percent in the previous month. It was the lowest inflation rate since July of 2014, as non-food cost increased at a slower pace mainly due to education, furniture and household equipment while prices rose faster for food.
Published on 2017-01-11

Ghana Inflation Rate Lowest Since July 2014
The annual inflation rate in Ghana eased to 15.5 percent in November of 2016 from 15.8 percent in the previous month. It was the lowest inflation rate since July of 2014, as cost for utility and services rose at a slower pace, while prices rose further for food and transport. On a monthly basis, consumer prices rose 0.8 percent.
Published on 2016-12-14

Ghana Inflation Rate Lowest Since 2014 in October
The annual inflation in Ghana eased to 15.8 percent in October of 2016, from 17.2 percent in the preceding month. It was the lowest inflation rate since July of 2014 as cost of food and service charges rose at a slower pace.
Published on 2016-11-09

Ghana Inflation Rate at 3-Month High of 17.2%
The annual inflation in Ghana rose to 17.2 percent in September of 2016, from 16.9 percent in a month earlier. It was the highest reading since July mostly boosted by cost of non-food imported items (18.7 percent from 17.3 percent in August).
Published on 2016-10-12

Ghana Infaltion Rate Fastens to 16.9% in August
The annual inflation in Ghana accelerated to 16.9 percent in August of 2016, from 16.7 percent in the previous month. The rise in consumer prices was mainly due to higher cost of housing and utilities and transport.
Published on 2016-09-14

Ghana Inflation Rate Eases to 16-Month Low in July
The annual inflation rate in Ghana slowed to 16.7 percent in June of 2016, from 18.4 percent in the previous month. It was the lowest figure since March of 2015, driven by slower rise in cost of housing and utilities and transport due to stable cedi.
Published on 2016-08-10

Ghana Inflation Rate at 6-Month Low of 18.4%
The annual inflation rate in Ghana eased to 18.40 percent in June of 2016, from 18.9 percent in the previous month. It was the lowest reading since December of 2015, as stability of cedi led to slower rise in cost of fuel and imported items.
Published on 2016-07-13

Ghana Inflation Rate Accelerates to 18.9% in May
Annual inflation in Ghana increased to 18.9 percent in May of 2016 from 18.7 percent in April, mostly due to a 5 percent jump in cost of fuel early in the month. Food and housing and utilities were other main drivers of the rise.
Published on 2016-06-15

Ghana Inflation Rate Slows to 18.7% in April
Annual inflation in Ghana eased to 18.7 percent in April of 2016 from 19.2 percent in March, due to slower rise in cost of housing and utilities, food and transport.
Published on 2016-05-11

Ghana Inflation Rate at Nearly 6-1/2 Year High
Annual inflation rate in Ghana accelerated to 19.2 percent in March of 2016 from 18.5 percent in the previous month. It is the highest figure since August 2009, mainly due to a jump in price of transport.
Published on 2016-04-13

Ghana Inflation Rate Slows to 18.5% in February
Ghana's annual inflation rate was recorded at 18.5 percent in February of 2016, down from 19 percent in the preceding month. The inflation rate eased for the first time in six months as the stability of the cedi during the month avoided further rises in cost of imported items.
Published on 2016-03-09

Ghana Inflation Rate at 6-1/2-Year High
Consumer prices in Ghana increased 19 percent year-on-year in January of 2016, following a 17.7 percent rise in the previous month. It is the highest inflation rate since August of 2009, mainly boosted by prices of fuel, food and utilities after the country raised tariffs for electricity and water in December to increase competition in the sector.
Published on 2016-02-10

Ghana Inflation Rate Edges Up to 17.7% in December
Consumer prices in Ghana increased 17.70 percent year-on-year December of 2015, following a 17.6 percent rise in the previous month. It is the highest inflation rate since July. The main drivers came from the non-food group, partially fuelled by last month's utility price increases and a bit of an increase in transport fares.
Published on 2016-01-13

Ghana Inflation Rate at 4-Month High in November
Consumer prices in Ghana increased 17.60 percent year-on-year November of 2015, following a 17.4 percent rise in the previous month. It is the highest inflation rate since July boosted by faster increase in cost of food, housing and utilities, transportation and clothing.
Published on 2015-12-09

Ghana Inflation Rate Steady at 17.4% in October
Consumer prices in Ghana increased by 17.40 percent year-on-year in October, the same as in the previous month, as more stability in the cedi exchange rate lowered import prices.
Published on 2015-11-11

Ghana Inflation Rate Rises Slightly to 17.4%
Consumer prices in Ghana increased by 17.40 percent year-on-year in September, up from 17.3 percent in the previous month and above market expectations. The rise was boosted by higher housing and utilities, education and food prices.
Published on 2015-10-21

Ghana Inflation Rate Eases in August
Annual inflation in Ghana slowed to 17.3 percent in August of 2015, down from 17.9 percent reported in July , as cost of utilities rose less than in the previous month.
Published on 2015-09-09

Ghana Inflation Rate Continues to Rise
Annual inflation rate in Ghana increased to 17.9 percent in July of 2015, up from 17.1 percent rise in the previous month. It is the highest value since October of 2009, mainly driven by weak cedi and growing utility costs.
Published on 2015-08-12

Ghana Inflation Rate at 6-Year High
Annual inflation rate in Ghana increased to 17.1 percent in June of 2015, up from 16.9 percent rise in the previous month. It is the highest value since October of 2009, mainly driven by weak cedi and growing transportation costs.
Published on 2015-07-16

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.
Published on 2015-06-10

Ghana Inflation Rate Continues to Rise
Consumer prices in Ghana increased 16.8 percent year-on-year in April of 2015, up from 16.6 percent in March, due to higher utilities cost.
Published on 2015-05-15

Ghana Inflation Rate Edges Up in March
Consumer prices in Ghana rose 16.6 percent year-on-year in March of 2015, slightly up from 16.5 percent reported in the previous month, boosted by rising food prices.
Published on 2015-04-16

Ghana Inflation Rate at 16.5 percent in February
Ghanese annual inflation rate rose to 16.5 percent in February of 2015, from 16.4 percent reported in the previous month, due to increase in food cost.
Published on 2015-03-11

Ghana Inflation Rate Slows for the First Time in 17 Months
Ghana’s annual inflation rate eased to 16.4 percent in January of 2015, from 17 percent in the previous month as the government reduced petroleum prices due to the drop in crude oil cost in the world market.
Published on 2015-02-16

Ghana Inflation Rate at 5-Year High
Ghana consumer prices increased an annual 17 percent in December, the same as in November. The inflation rate has been rising for the last 15 months, remaining within double digit since January of 2013.
Published on 2015-01-14

Ghana Inflation Rate at 17% in November
Ghana’s annual inflation rate rose marginally to 17 percent in November of 2014 from 16.9 percent in October, staying above the central bank’s 11 percent to 15 percent target range for the fifth consecutive month.
Published on 2014-12-10

Ghana Inflation Rate Continues to Rise
Ghanaian annual inflation rate increased for the fourteenth consecutive month to 16.9 percent in October of 2014 from 16.5 percent in the previous month.
Published on 2014-11-12

Ghana Inflation Rate Up To Nearly 5-Year High
Ghanaian annual inflation rate accelerated for the thirteenth consecutive month to 16.5 percent in September of 2014 from 15.9 percent in the previous month. It is the highest rate since November of 2009, driven by a jump in housing, water, electricity, gas and other fuels cost.
Published on 2014-10-15

Ghana Inflation Rate Accelerates Further
Ghanaian annual inflation rate continued its upward trend and rose to 15.9 percent in August of 2014 from 15.3 percent in the previous month, driven by higher transport, housing, water electricity, gas and other fuels cost.
Published on 2014-09-10

Ghana Inflation Rate Rises to 4-1/2 Year High
Ghana annual inflation rate accelerated to 15.3 percent in July of 2014 from 15.0 percent in the previous month, reaching the highest level since December of 2009.
Published on 2014-08-13

Ghana Inflation Rate Continues to Rise
The Ghanaian annual inflation rate accelerated for the tenth consecutive month to 15 percent in June of 2014 from 14.8 percent in May, standing well above the government’s 9.5 percent plus or minus 2 percent target range.
Published on 2014-07-09

Ghana Inflation Rate Up to 14.8%
Ghana annual inflation rate accelerated slightly for the ninth straight month to 14.8 percent in May of 2014 from 14.7 percent in the previous month, driven by higher cost of housing, water, electricity, gas and transport.
Published on 2014-06-11

Ghana Inflation Rate Rises Further in April
Ghana’s annual inflation rate accelerated for the eight straight month to 14.7 percent in April of 2014, from 14.5 in the previous month, as the cedi depreciation affected prices of most imported items.
Published on 2014-05-14

Ghana Inflation Rate Rises to 4-Year High
Ghana annual inflation rate increased even further to 14.5 percent in March of 2014. Consumer prices accelerated for the seventh consecutive month, recording the highest inflation rate since February of 2010.
Published on 2014-04-09

Ghana Inflation Rate at 14% in February
Ghanaian consumer prices kept its upward trend and rose 14 percent in February of 2014, up from 13.8 percent in January. The inflation rose for the sixth straight month, driven by higher fuel prices, mainly kerosene and transport and dairy costs.
Published on 2014-03-13

Ghana Inflation Rate Up to 4-Year High
In January of 2014, Ghana’s annual inflation rate accelerated to 13.8 percent from 13.5 percent in the last month of 2014. It is the highest growth rate since February of 2010.
Published on 2014-02-12

Ghana Inflation Rate Edges Up to 13.5% in December
In December of 2013, Ghana annual inflation rate accelerated for the fourth straight month to 13.5 percent from 13.2 percent recorded in November. It is the highest rate in almost four years, mainly due to higher prices of water supply, electricity, transport, kerosene and gas.
Published on 2014-01-15

Ghana Inflation Rate Slightly Up to 13.2% in November
In November of 2013, Ghana’s inflation rate rose marginally to 13.2 percent, from 13.1 percent in October, driven by higher housing, water, electricity, gas, fuel and transport prices.
Published on 2013-12-11

Ghana Inflation Rate Accelerates to 13.1% in October
In October of 2013, Ghana’s annual inflation rate rose to a fresh three-year high of 13.1 percent, from 11.9 percent in September. The rise is mainly due to higher cost of non-food items like housing, gas, water, fuels, transport and clothing.
Published on 2013-11-15

Ghana’s Inflation Rate Picks Up to 11.9% In September
In September of 2013, Ghana’s annual inflation rate accelerated to 11.9 percent, after falling in August for the first time in eight months to 11.5 percent. However, on a monthly basis, prices fell 0.7 percent in September for the second month in a row.
Published on 2013-10-14

Ghana Inflation Rate Slows to 11.5% in August
In August of 2013, Ghana’s annual inflation rate eased for the first time in eight months to 11.5 percent, from 11.8 percent in the previous month, due to lower noon-food prices.
Published on 2013-09-16

Ghana Inflation Rate Accelerates to 11.4% in July
Ghana's annual inflation rate accelerated for the sixth consecutive month to 11.4 percent in July, from 11.2 percent in June, as the weakening of the Cedi against the US dollar continues to hurt cost of imported food.
Published on 2013-08-15

Ghana Inflation Rate Up to 11.2% in June
Ghana's annual inflation rate accelerated for the sixth consecutive month to 11.2 percent in June, from 10.9 percent in May, due to higher food prices.
Published on 2013-08-15

Ghana Inflation Rate Rises to 3 Year-High in May
Ghana's annual inflation rate accelerated to 10.9 percent in May from 10.6 percent in April, due to higher prices for education, clothes and footwear.
Published on 2013-07-18

Ghana Inflation Rate Up to 10.6% in April
In April, the year-on-year inflation rate rose for the third month in a row to 10.6 percent, mainly due to the currency depreciation and the effects from the removal of fuel subsidies in February.
Published on 2013-05-15

Ghana Inflation Rate Up in March
The year-on-year inflation rate rose for the second month in a row to 10.4 percent, up from 10 percent recorded in February and 8.8 percent in January.
Published on 2013-04-12

Ghana Inflation Rate Up to 10% in February
In Ghana, the inflation rate increased to 10.0 percent in February of 2013, the highest value since 2010, mainly due to an increase in food, transport and housing prices.
Published on 2013-03-13

Ghana’s Inflation Rate Unchanged in January of 2013
In Ghana, the inflation rate remained unchanged at 8.8 percent in January of 2013, mainly due to stable fuel and transport costs.
Published on 2013-02-13