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Tag Archives: Food inflation

Inflation Drops To 40.1% In August, Lowest In 12 Months

Ghana’s year-on-year inflation dropped to 40.1% in August after ramping up for four consecutive months. Inflation in Ghana is on an irregular trajectory – four months of continuous decline followed by three months of protracted rise. After peaking in December 2022 accompanied by a relatively stable rate in January and …

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Inflation Shot Up By 3.8% To End 2022 At 54.1%; Lending Rates To Remain High

Inflation shot up by 3.8% to end 2022 at 54.1%, data from the Ghana Statistical Service (GSS) has revealed. Despite a strong improvement in the value of the cedi and a reduction in the prices of petroleum products, the rate of inflation still went up in December 2022. This was …

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Inflation Soars Again; Hits 27.6% In May 2022

Ghana’s inflation has soared again to hit 27.6 percent in the month of May 2022. This represents a four percentage points increase in the inflation rate compared to the 23.6 percent recorded in April 2022. Increase in transport fares and surging food prices pushed the rate of inflation in May …

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