Ghana: Inflation hits over one-year high in October
Consumer prices rose a seasonally-adjusted 0.61% from the previous month in October, ticking down from September’s 0.64% increase. October’s result was chiefly due to slower price growth for food.
Inflation came in at 11.0% in October, up from September’s 10.6% result and marking the highest rate since July 2020. Meanwhile, the trend remained pointed up, with annual average inflation coming in at 9.6% (September 9.5%).