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Ghana Reports Higher September Inflation

Ghana’s consumer InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More rose to 5.2% year-on-year in September from 5.0% in August. The increase marks a modest acceleration in PriceThe most recent agreement between a buyer and a seller. It is not a prediction; it is the market’s latest handshake.Read More growth as policymakers continue to monitor inflation and broader economic conditions.

Ghana’s statistics service reported on 7 October that annual consumer inflation increased to 5.2% in September, compared with 5.0% in August. The increase was 0.2 percentage point. This is a new monthly data release with a distinct reference period. The report provides no evidence of an immediate ExchangeDefinition An exchange is an organised marketplace where buyers and sellers can trade financial assets according to a common set of rules. Examples of assets traded on exc...Read More-rate reaction, and the figures alone do not establish what the Central bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More will do next.

ItemValueWhy it matters
F1 CONFIRMED_FACT The statistics service released September CPI.
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