Ghana Inflation September 2020

Ghana

Ghana: Inflation plunges to lowest level since March in September

October 15, 2020

Consumer prices fell 0.20% in September over the previous month, a more moderate drop than the 0.41% fall seen in August.

Inflation ticked down to 10.4% in September, easing slightly from August’s 10.5%. September's result marked the lowest inflation rate since March. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 9.4% in September (August: 9.2%).

FocusEconomics panelists see inflation ending 2020 at 10.0%. For 2021, our panelists expect inflation to end the year at 8.9%.


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Ghana Inflation September 20 20

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


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