Ghana Inflation Rate Up to 4-Year High


In January of 2014, Ghana’s annual inflation rate accelerated to 13.8 percent from 13.5 percent in the last month of 2014. It is the highest growth rate since February of 2010.

Year-on-year, cost of housing, water, electricity, gas and other fuels jumped 37.9 percent. Transport prices rose 21.4 percent; clothing and footwear 20.2 percent and food cost increased 7.1 percent.

On a monthly basis, prices surged 3.9 percent, boosted by higher food prices (up by 5.5 percent), namely mineral water, soft drinks and fruit juices.

Ghana Inflation Rate Up to 4-Year High


Joana Taborda | joana.taborda@tradingeconomics.com
2/12/2014 1:03:13 PM