Ghana's annual inflation rate eased to 9.9 percent in January of 2021 from 10.4 percent in the prior month. Prices slowed for food & non-alcoholic beverages (12.8 percent vs 14.1 percent in December) while non-food inflation remained steady (at 7.7 percent). On a monthly basis, consumer prices were up 0.9 percent, the same pace as in the previous month. source: Ghana Statistical Service
Inflation Rate in Ghana averaged 15.74 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 March of 2021.
Inflation Rate in Ghana is expected to be 8.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ghana to stand at 7.30 in 12 months time. In the long-term, the Ghana Inflation Rate is projected to trend around 7.00 percent in 2022, according to our econometric models.