Ghana's annual inflation rate was at 10.3 percent in March of 2021, unchanged from the previous month. Prices continued to climb for non-food products (10 percent vs 8.8 percent in February) while food inflation slowed slightly (10.8 percent vs 12.3 percent). On a monthly basis, consumer prices were up 0.9 percent, after increasing 0.8 percent in the previous month source: Ghana Statistical Service
Inflation Rate in Ghana averaged 15.70 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 May of 2021.
Inflation Rate in Ghana is expected to be 9.00 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 6.50 in 12 months time. 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.