Ghana Inflation Rate Rises To 13% In April


Inflation rate in Ghana inched up to 13 percent in April from three and a half year low of 12.8 percent reported in March. While cost of transportation surged 24.9 percent dues to rise in transport fares, food inflation slowed to 6.7 percent which was the lowest since November 2014.

Year-on-year, prices increased at a faster pace for transport (24.9 percent from 15.3 percent in March) and miscellaneous goods and services (16.8 percent from 16.7 percent). In contrast, inflation slowed for food and non-alcoholic beverages (6.7 percent from 7.3 percent in March); housing and utilities (7.7 percent from 7.9 percent); clothing and footwear (16.7 percent from 18.2 percent) and health (15.1 percent from 15.8 percent). 

On a monthly basis, consumer prices increased 1.6 percent, higher than 1.3 percent in March.

Ghana Inflation Rate Rises To 13% In April


Joana Taborda | joana.taborda@tradingeconomics.com
5/10/2017 4:36:38 PM