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Ghana inflation rises to 23.5%, driven by non-food items

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Ghana's inflation rate experienced a slight uptick in January to 23.5%, up 0.3 percentage points from December, marking a return to its upward trend...

Ghana inflation slows to 26.4% in November

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  Ghana's consumer inflation slowed to a 19-month low of 26.4% in November from 35.2% the previous month, the national statistical service (GSS) announced on...

Ghana’s surprise uptick in inflation may see rate hikes return

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Ghana’s inflation rate unexpectedly rose for the first time in five months in May as food prices soared, adding pressure on the central bank...

Producer inflation falls marginally to 52.1% in January 2023

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The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. Data from the Ghana Statistical Service, Mining...

Ghana’s inflation for October hits 40.4%

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The national year-on-year inflation rate was 40.4% in October 2022 which is 3.2 percentage points higher than the recorded 37.2% in September 2022, the...

World Bank: Ghana ranks 1st with highest food price increases of...

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Ghana is ranked 1st by the World Bank with the highest food prices in Sub-Saharan Africa in 2022. According to the Bretton Wood institution’s October...

Bank of Ghana raises policy rate to 22% amidst soaring inflation

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The Bank of Ghana (BoG) has raised the policy rate by 300 basis points (bp) to 22 per cent in a historic move meant...

Currency slump spawns surprise jump in Ghana’s inflation rate

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Ghana's annual inflation rate climbed to 31.7% in July, authorities have said. According to the Ghana Statistical Service, the figure is 1.9 percentage points higher...

July 2021 inflation inches up at 9.0%

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The Year-on-year inflation rate for July stood at 9.0 per cent compared to 7.8 per cent in June, the Government Statistician Professor Samuel Kobina...

Ghana ended 2019 with 7.9% inflation

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Ghana beat the government’s inflation target for 2019 as food-price growth eased. Annual inflation slowed to 7.9% in December from 8.2% in November, Government...
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