Ghana Inflation September 2021

Ghana

Ghana: Inflation rises to an over one-year high in September

October 13, 2021

Consumer prices rose a seasonally-adjusted 0.64% from the previous month in September, picking up from August’s 0.27% increase. September’s result was mainly driven by rising prices for food.

Inflation came in at 10.6% in September, up from August’s 9.7% result and marking the highest rate since July 2020. Meanwhile, the trend remained stable, with annual average inflation coming in at 9.5% again for the third consecutive month.

FocusEconomics panelists see inflation averaging 8.6% in 2022, which is up 0.1 percentage points from last month’s projection, and 8.2% in 2023.


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Ghana Inflation Chart


Ghana Inflation September 2021

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


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