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Ghana Inflation Reached 8-Month High
Ghana inflation rises for fourth straight month in December
Ghana's consumer inflation rose for a fourth month in a row in December, to 23.8% year on year from 23.0% in November, the statistics service said on Wednesday. Government statistician Samuel Kobina Annim told a news conference that the latest increase was driven by higher food prices.
Ghana’s inflation rises to 23.8% — highest in eight months
Ghana’s consumer inflation rate rose to 23.8 percent in December 2024 -- the country's highest level in the last eight months.
Ghana ends 2024 with a December inflation of 23.8%
Ghana's inflation has increased marginally for the fourth consecutive month, reaching 23.8% in December 2024, up from 23% in November 2024.
Ghana, Egypt announce December inflation data as Nigeria awaits figure
Ghana and Egypt have announced their inflation figures for December 2024 as Nigeria awaits its own release. Samuel Kobina Annim, statistician at the Ghana Statistical Service (GSS), said the country’s December consumer inflation rate rose to 23.
Ghana misses inflation target — December rate inches up to 23.8%
Ghana has missed its end-of-year inflation target by a significant margin, with December's rate of 23.8 per cent far exceeding the government's projected target of 15 per cent in the 2024 budget, as well as the Bank of Ghana’s target of 18 per cent.
Inflation Rate increases slightly to 23.8% in December
The rate of inflation rose for fourth consecutive times to 23 . 8 per cent in December up from 23 per cent the previous month, the Ghana Statistical Service (GSS) said on Wednesday .
Ghana Inflation at Eight-Month High Reduces Rate Cut Chance
Ghana’s annual inflation rate climbed to its highest level in eight months in December, reducing the prospects of an interest-rate cut later this month. (Bloomberg) — Ghana’s annual inflation rate climbed to its highest level in eight months in December, reducing the prospects of an interest-rate cut later this month.
Ghana Inflation Reached Eight-Month High in December
Ghana’s annual inflation rate climbed to its highest level in eight months in December with consumer prices rising 23.8%, up from 23% a month earlier. The inflation situation could reduce the prospects of an interest-rate cut later this month.
Egypt's annual headline inflation rate drops to 23.4% in December
Egypt's annual headline inflation rate decreased to 23.4 per cent in December, down from 25 per cent in November, with the expectation that the worst impact of recent price hikes for fuel, electricity and other items may have passed.
Egypt’s inflation reached two-year low in December
Inflation has been fuelled largely by an expansion of money supply. Egypt’s supply of M2 money – a measure that includes cash, checking deposits and other deposits readily con
MyJoyOnline
2d
Government misses 2024 inflation target as December rate goes up marginally to 23.8%
Government misses 2024 inflation target as December rate goes up marginally to 23.8% Inflation for December 2024 went up ...
20h
Ghana to Seek More IMF Funding, Finance Minister Pick Says
Ghana’s new leader’s pick to be finance minister, Cassiel Ato Forson, said the West African nation hopes to secure more ...
AllAfrica.com
6h
"Many Saw the Election as a Referendum on Unmet Expectations and Poor Governance" - Evelyn Olukeye | GHANA
CIVICUS discusses the election results in Ghana with Evelyn Olukeye, Programme Officer at BudgIT, a civil society organisation that uses technology for civic engagement. BudgIT is a CIVICUS partner in ...
MyJoyOnline
2d
Exit of multinational firms due to high inflation, currency weakness – Deloitte
Deloitte said while this is expected to continue in 2025 and impact positively on consumer and investor sentiment, coupled ...
1d
Ghana could seek more IMF funding, incoming finance minister says
Ghana's new government could seek extra funding from the International Monetary Fund during its current, three-year programme ...
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