A boat on the beach in Ghana

Ghana Inflation July 2019

Ghana: Inflation rises in July

Consumer prices rose 0.6% over the previous month in July, down from the 0.8% month-on-month increase in June. The moderation largely reflected slower price increases for food and non-food goods.

Meanwhile, inflation rose to 9.4% in July from 9.1% in June. Nevertheless, it remained within the Central Bank’s medium-term target band of 8.0% plus or minus 2.0 percentage points. Lastly, annual average inflation matched June’s 9.4% print.

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