A boat on the beach in Ghana

Ghana Inflation June 2018

Ghana: Inflation edges up in June

Inflation creeped up again in June, coming in at 10.0% (May: 9.8%) and marking the second month of acceleration after reaching an over five-year low of 9.6% in April. The result was driven by higher prices for clothing and footwear, recreation and culture, and transport, which offset more moderate price increases for food and non-alcoholic beverages. As a result, inflation moved to the upper bound of the Central Bank’s inflation target of 8.0% plus or minus 2.0 percentage points. Meanwhile, annual average inflation inched down to 11.0% in June, from 11.2% in May, marking the lowest print in over four years.

On a month-on-month basis, consumer prices rose 1.0% in June, unchanged from the previous month’s reading.

Ghana Inflation Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest