Ghana Inflation surges by over 54%

Last updated Jan 12, 2023

Ghana’s inflation rate surged more than expected in December, driven by steep increases in food, transport and housing costs.

Annual inflation quickened to 54.1% in the world’s second-largest cocoa producer, from 50.3% a month prior, Government Statistician Samuel Kobina Annim told reporters Wednesday in the capital, Accra.

Bloomberg/Hauwa Abu

GHANA Inflation

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