The annual inflation rate in Ghana climbed for the fourth straight month to 10.6% in September of 2021 from 9.7% in August, reaching its highest level since June of 2020. Prices advanced faster for both food (11.5% vs 10.9% in August) and non-food products (9.9% vs 8.7%). On a monthly basis, consumer prices went up 0.6%, after increasing 0.3% in the previous month. source: Ghana Statistical Service
Inflation Rate in Ghana averaged 15.56 percent from 1998 until 2021, reaching an all time high of 63.10 percent in March of 2001 and a record low of 0.40 percent in May of 1999. This page provides - Ghana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Inflation Rate in Ghana is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Inflation Rate is projected to trend around 7.00 percent in 2022 and 6.00 percent in 2023, according to our econometric models.