Inflation in Ghana

Ghana Inflation | Economic News & Forecasts

Ghana - Inflation

Inflation edges down in December

Consumer prices rose 0.3% in December, slowing from November’s 0.7% increase which had marked the highest reading since June. The reading largely reflected lower prices for food and non-alcoholic beverages offset by higher prices for housing and utilities, transport and education.

Inflation edged down to 7.9% in December, from a four-month high of 8.2% in November. As a result, it placed just below the midpoint of the Central Bank’s 6.0%–10.0% target band. Meanwhile, average annual inflation ticked down to a near six-year low of 8.5% in December, from 8.7% in the previous month.

FocusEconomics Consensus Forecast panelists expect inflation to average 9.1% in 2020, which is down 0.3 percentage points from last month’s forecast, and 8.5% in 2021.

Ghana - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)8.3  15.5  17.2  17.5  12.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Ghana Inflation Chart


Ghana Inflation
Note: Inflation, annual average variation of consumer price index (CPI) in %.
Source: Ghana Statistical Services

Ghana Facts

ValueChangeDate
Exchange Rate5.700.0 %Jan 01
Stock Market0.10.0 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form