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Ghana’s inflation rises to 50.3% in November

Osumanu Al-Hassan by Osumanu Al-Hassan
December 14, 2022
in Business
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Ghana’s inflation rate to remain within target in the short-term – Standard Bank

Coins rest on rising graph and cost of living headlines

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Ghana’s consumer inflation rose to 50.3% in November, up from 40.4% the previous month, Ghana Statistical Service said on Wednesday.

The consumer price index, which measures a wide basket of goods and services, rose to 0.3% percentage points month-on-month.

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The jump in inflation comes a day after authorities reached a staff-level Agreement with the International Monetary Fund(IMF) for a US$3bn, 3-year Extended Credit Facility (ECF).

Tags: inflation

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