News

Ghana December Inflation Rate Edges Down to 7.9%
The annual inflation rate in Ghana decreased to 7.9 percent in December 2019 from 8.2 percent in the previous month, as prices slowed mostly for food (7.2 percent vs 8.4 percent in November). Conversely, cost was higher for non-food products (8.5 percent vs 8.0 percent), mainly pushed up by housing & utilities (10.5 percent vs 9.6 percent); restaurants & hotels (5.5 percent vs 3.8 percent); education (6.6 percent vs 4.4 percent) and recreation & culture (9.3 percent vs 7.7 percent). Conversely, cost went up at slower pace for transport (11 percent vs 12.3 percent); clothing & footwear (6.7 percent vs 6.8 percent); furnishings (4.7 percent vs 4.9 percent); health (6.7 percent vs 7 percent) and miscellaneous goods & services (7.4 percent vs 8.2 percent). On a monthly basis, consumer prices went up 0.3 percent, after rising 0.7 percent in the prior month.
Published on 2020-01-08

Ghana Inflation Rate at 4-Month High of 8.2%
The annual inflation rate in Ghana rose to 8.2 percent in November 2019 from 7.7 percent in the previous month. It was the highest inflation rate since July, as prices climbed for food (8.4 percent vs 7 percent) while slowed for non-food products (8 percent vs 8.2 percent). Meantime, the weakness of the cedi is adding to price pressures.
Published on 2019-12-11

Ghana October Inflation Rate Ticks Up to 7.7%
The annual inflation rate in Ghana increased to 7.7 percent in October 2019 from 7.6 percent in the previous month. Prices advanced faster for non-food products, in particular transport and alcoholic beverages, tobacco & narcotics; while food cost slowed. On a monthly basis, consumer prices rose 0.4 percent, following a 0.1 percent decrease in the preceding month.
Published on 2019-11-13

Ghana Inflation Rate at Over 6-Year Low of 7.6%
The annual inflation rate in Ghana eased to 7.6 percent in September 2019, its lowest level since August 2013, from 7.8 percent in the previous month. Prices continued to slow for non-food products while rose further for food. On a monthly basis, consumer prices went down 0.1 percent.
Published on 2019-10-16

Ghana Inflation Rate Lowest since 2013
The annual inflation rate in Ghana fell to 7.8 percent in August 2019, the lowest level since September 2013, from 9.4 percent in the previous month, and below the mid-point of Bank of Ghana's target range of 6-10 percent. Prices slowed for non-food products while picked up for food.
Published on 2019-09-18

Ghana Inflation Rate Edges Up to 9.4% in July
The annual inflation rate in Ghana rose to 9.4 percent in July of 2019 from 9.1 percent in the previous month, driven by prices of both food and non-food products.
Published on 2019-08-14

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). On a monthly basis, consumer prices went up 1.1 percent compared to 1.2 percent in the prior month.
Published on 2019-05-15

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 both food (8.4% vs 8.1% in February) and non-food products (9.7%, the same as in the prior month). On a monthly basis, consumer prices went up 1.2 percent, following a 1.0 percent increase in February.
Published on 2019-04-10

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 at Near 6-Year Low
The annual inflation rate in Ghana fell to 9.5 percent in October 2018 from 9.8 percent in the previous month. It was the lowest inflation since December 2012.
Published on 2018-11-14

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. On a monthly basis, consumer prices were unchanged, after a 0.4 percent gain in the previous month.
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