Ghana: Inflation falls in October
November 9, 2016
In October, consumer prices increased 1.39% from the previous month, which was a higher increase compared to September’s timid 0.17%. October’s print was a six-month high and mainly reflected higher prices for transport and education.
Inflation dropped from September’s 17.2% to 15.8% in October, the lowest value in over two years. Annual average inflation edged down slightly to 17.9% in October from 18.0% in September.
Author: Andrea Vetrugno, Economist