A boat on the beach in Ghana

Inflation in Ghana

Ghana Inflation

Inflation rises in July

Inflation came in at 43.1% in July, up from June’s 42.5%. Looking at the details of the release, clothing and footwear prices rose at a quicker pace in July compared to the previous month, which more than offset price pressures for transport easing.

Accordingly, the trend pointed up, with annual average inflation coming in at 44.6% in July (June: 43.8%).

Finally, consumer prices rose a seasonally adjusted 3.57% from the previous month in July, picking up from the 3.22% increase logged in June.

Ghana Inflation Chart

This chart displays Inflation Rate (CPI, annual variation in %) for Ghana from 2013 to 2022.

Ghana Inflation Data

2018 2019 2020 2021 2022
Inflation (CPI, ann. var. %, aop) 9.8 8.4 8.7 10.0 31.9
Inflation (CPI, ann. var. %, eop) 9.4 6.2 10.5 12.6 54.2

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