Ghana Inflation February 2021

Ghana

Ghana: Inflation rises in February

March 10, 2021

Consumer prices rose a seasonally-adjusted 0.76% from the previous month in February, moderating from the 0.93% increase logged in January. February’s result primarily reflected a slight drop in prices for food and non-alcoholic beverages, as well as slower price growth for transport.

Inflation rose to 10.3% in February from 9.9% in January. Meanwhile, annual average inflation came in at 10.3% in February, up from 10.1% in the previous month.

FocusEconomics panelists see inflation averaging 8.6% in 2021 which is unchanged from the previous month’s forecast, and 8.4% in 2022.


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Ghana Inflation Chart


Ghana Inflation February 2021

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


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