Cost of food in Ghana increased 10.80 percent in March of 2021 over the same month in the previous year. source: Ghana Statistical Services
Food Inflation in Ghana averaged 8.21 percent from 2013 until 2021, reaching an all time high of 15.10 percent in May of 2020 and a record low of 5 percent in July of 2014. This page provides - Ghana Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Food Inflation - values, historical data and charts - was last updated on July of 2021.
Food Inflation in Ghana is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Ghana to stand at 5.70 in 12 months time. In the long-term, the Ghana Food Inflation is projected to trend around 5.00 percent in 2022 and 6.00 percent in 2023, according to our econometric models.