Ghana inflation edges up to 5.2%, keeping rate hold in view

Bloomberg · 8 hours ago
Ghana inflation edges up to 5.2%, keeping rate hold in view
  • Ghana consumer prices rose 5.2% year over year in September, up from 5.0% in August, while monthly prices rose 1.1%.
  • The September print came in below the 5.5% median estimate of three economists surveyed by Bloomberg.
  • Service price-growth picked up pace, hardening expectations the Bank of Ghana will keep interest rates on hold.

Quotes

“Consumer prices rose 5.2% at an annual rate in September compared with 5% the month before”— Alhassan Iddrisu
“Prices rose 1.1% in the month.”— Alhassan Iddrisu

Sources