Ghana: Inflation inches down in November
December 13, 2017
In November, consumer prices matched October’s 0.9% month-on-month rise. November’s increase was largely driven by higher prices for clothing and footwear, and food and non-alcoholic beverages. There was a jump in prices across all but the categories of education and hotels, cafes and restaurants categories, which registered a flat reading.
Inflation inched up to 11.7% in November from 11.6% in October. On the other hand, annual average inflation fell from 13.0% in October to 12.7% in November.
Author: Nihad Ahmed, Economist