Inflation Rate in Ghana decreased to 13.70 percent in June from 18.40 percent in May of 2025. This dataset provides - Ghana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2021, the inflation rate in Ghana amounted to about 9.98 percent compared to the previous year. Ghana’s inflation peaked at almost 17.5 percent in 2016 and is predicted to decrease to 8 percent by 2030. Steady is best for inflationAccording to economists, a steady inflation rate between two and three percent is desirable to achieve a stable economy in a country. Inflation is the increase in the price level of consumer goods and services over a certain time period. A high inflation rate is often caused by excessive money supply and can turn into hyperinflation, i.e. if inflation occurs too quickly and rapidly, it can devalue currency and cause a recession and even economic collapse. This scenario is currently taking place in Venezuela , for example. The opposite of inflation, the decrease in the price level of goods and services below zero percent, is called deflation. While hyperinflation devalues money, deflation usually increases its value. Both events can damage an economy severely. Is Ghana’s economy at risk?Ghana’s economy is considered quite stable and fast-growing, and is rich in oil, diamonds, and gold. After struggling in the years around 2015 due to increased government spending and plummeting oil prices, it is now on an upswing again. This is also reflected in the decreasing inflation rate, and other key indicators like unemployment and rapid GDP growth support this theory. However, Ghana’s government debt is still struggling with the consequences of the 2015 crisis and forecast to keep skyrocketing during the next few years.

The Consumer Price Index in Ghana decreased 1.20 percent in June of 2025 over the previous month. This dataset provides - Ghana Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Ghana was 21.24 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 22.43 percent. Compared to a year ago, we see a decrease from the inflation...

Inflation Rate in Ghana decreased to 18.40 percent in May from 21.20 percent in April of 2025. This dataset provides - Ghana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, consumer prices (annual %) in Ghana was reported at 22.85 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Inflation, monthly percent change in the CPI in Ghana, May, 2025 The most recent value is 0.73 percent as of May 2025, a decline compared to the previous value of 0.82 percent. Historically, the average for Ghana from February 2000 to May 2025 is 1.29 percent. The minimum of -1.52 percent was recorded in September 2011, while the maximum of 12.8 percent was reached in February 2003. | TheGlobalEconomy.com

In April 2025, the food and non-alcoholic beverage inflation rate in Ghana increased by 25 percent over the same month in 2024. Moreover, considering the period observed, the year-on-year rate was highest in January 2023.

Cost of food in Ghana increased 16.30 percent in June of 2025 over the same month in the previous year. This dataset provides - Ghana Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, GDP deflator: linked series (annual %) in Ghana was reported at 25.37 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Consumer Price Index (CPI) in Ghana, May, 2025 The most recent value is 260.5 index points as of May 2025, an increase compared to the previous value of 258.6 index points. Historically, the average for Ghana from January 2000 to May 2025 is 71.5433 index points. The minimum of 7.0953 index points was recorded in January 2000, while the maximum of 260.5 index points was reached in May 2025. | TheGlobalEconomy.com

Key information about Ghana Consumer Price Index CPI growth

• Ghana Consumer Price Index (CPI) growth was measured at 23.1 % YoY in Feb 2025, compared with a rate of 23.5 % in the previous month.
• Ghana Consumer Price Index growth data is updated monthly, available from Mar 1964 to Feb 2025, with an averaged number of 17.7 % YoY.
• The data reached an all-time high of 174.1 % YoY in Jun 1983 and a record low of -12.1 % YoY in Jul 1967.

CEIC extends history for monthly Consumer Price Index Growth. Ghana Statistical Service provides Consumer Price Index with base 2021=100. Consumer Price Index Growth prior to January 2004 is sourced from the International Monetary Fund.

Producer Prices in Ghana increased 10.20 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Ghana Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Ghana decreased to 257.30 points in June from 260.50 points in May of 2025. This dataset provides - Ghana Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Ghana expanded 5.30 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Ghana GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The transportation sub-index of the CPI basket in Ghana decreased to 202.75 points in June of 2025 from 227.20 points in May of 2025. This dataset provides - Ghana Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Ghana increased to 322.30 points in June from 311 points in May of 2025. This dataset provides - Ghana Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.