The consumer price index further trended downwards for the second consecutive time as it began the year with an inflation rate of 7.8%, down from 7.9% recorded in December, 2019.
Inflation Rate end 2019 at 7.9%
The year-on-year inflation rate dipped from a 4-month high to close 2019 fiscal year at 7.9%. It declined by 30 basis points (bps) from 8.2% recorded in November, 2019. The
Inflation for November Surges to a 4-Month High
The year-on-year rate of inflation climbed to a 4-month high in November at 8.2% from 7.7% recorded in October, 2019. This is the second rise after the consumer price index
Inflation Inches Up Marginally to 7.7%
The rate of inflation edged up marginally for the first time after the rebase of the consumer price index. Inflation rate for October was reported at 7.7%, up from 7.6%
Inflation Rate for September Dips to 7.6%
The inflation rate ended the third quarter of the year by declining to 7.6% from 7.8% in August as stable prices of some non-food inflation items normalized the pass-through effects
Inflation Rate for August falls to 7.8% after Rebasing
The rate of inflation for August was reported at 7.8% after the Ghana Statistical Services (GSS) rebased the consumer price index using 2018 as the reference period while expanding the
Inflation Rate for July, 2019 Jumps to 9.4%
The rate of inflation failed to extend its downward trend for the third consecutive time as it rose slightly in July after ending the first half of the year dipping
Inflation Rate for June, 2019 Drops to a 5-Month Low
Consumer prices posted its second consecutive decline in June after a marginal dip in May. The rate of inflation fell by 30 basis points (bps) from 9.4% in May to
Inflation Rate for May, 2019 Dips Marginally to 9.4%
The consumer price index posted its first decline in the year after three months of continuous tightening. The inflation rate for May, 2019 was reported at 9.4%, down marginally from
Inflation Rate for April, 2019 Climbs to 9.5%
Consumer prices further recorded a slight increase in April to post its third consecutive increase this year. After the consumer price index began the year at a six-year low, it
Inflation Rate For March, 2019 Inches up to 9.3%
The consumer price index ended the first quarter of 2019 rising to a 3-month high. The inflation rate for March 2019 was reported at 9.3%, up by 10 basis points
Inflation Rate for February, 2019 Rises to 9.2%
The rate of inflation edged up in February to 9.2% after it began the year 2019 dipping to its lowest since January, 2013 when the inflation rate was reported at