Ghana Inflation April 2021

Ghana

Ghana: Inflation drops to lowest level in over a year in April

May 12, 2021

Consumer prices rose a seasonally-adjusted 1.51% from the previous month in April, quickening from the 0.89% increase logged in March. April’s result primarily reflected faster price growth for food.

Inflation came in at 8.5% in April, down from March’s 10.3% result and marking the lowest level in over a year. Meanwhile, annual average inflation came in at 10.3% in April, down from 10.5% in the previous month.

FocusEconomics panelists see inflation averaging 8.8% in 2021 which is up 0.2 percentage points from the previous month’s forecast, and 8.3% in 2022.


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Ghana Inflation April 2021

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


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