Ghana Inflation December 2020

Ghana

Ghana: Inflation climbs to three-month high in December

January 11, 2021

Consumer prices rose a seasonally-adjusted 0.93% from the previous month in December, accelerating from the 0.29% increase logged in November. December’s result primarily reflected faster price growth for food and non-alcoholic beverages.

Inflation jumped from 9.8% in November to 10.4% in December, marking a three-month high. Meanwhile, annual average inflation came in at 9.9% in December (November: 9.7%).

FocusEconomics panelists see inflation averaging 8.6% in 2021 and 8.4% in 2022.


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Ghana Inflation December 20 20

Note: Annual and monthly variation of consumer price index in %.
Source: Ghana Statistical Service.


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