Ghana Inflation June 2017

Ghana

Ghana: Inflation ticks down in June

July 17, 2017

Consumer prices increased 0.9% in June compared to the previous month, up from May’s 0.7% reading. A breakdown of the month-on-month figure had yet to be released at the time of writing.

Inflation fell from 12.6% in May to 12.1% in June, marking the lowest rate since December 2013 and moving closer to the Central Bank’s 6.0%-10.0% target band. Annual average inflation dipped from 15.0% in May to 14.5% in June.

FocusEconomics Consensus Forecast panelists expect inflation to average 12.5% in 2017 and 10.3% in 2018.


Author:, Economist

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Ghana Inflation June 2017

Note: Month-on-month and year-on-year changes of consumer price index in %.
Source: Ghana Statistical Service (GSS)


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