Ghana Inflation November 2020

Ghana

Ghana: Inflation falls to lowest level since March in November

December 10, 2020

Consumer prices rose a seasonally-adjusted 0.29% from the previous month in November, picking up from the 0.21% rise recorded in October. November's result was the sharpest increase in prices since July.

Inflation dropped to 9.8% in November, following October’s 10.1%. November's result marked the lowest inflation rate since March. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 9.7% in November (October: 9.6%).

FocusEconomics panelists see inflation ending 2021 at 9.0%. For 2022, our panelists expect inflation to end the year at 8.5%.


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Ghana Inflation November 20 20

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


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