Ghana's consumer inflation declined to 20.9% in July for the fourth consecutive month.

Ghana's consumer inflation declined for the fourth consecutive month in July, dropping to 20.9% year-on-year. Food inflation stood at 21.5%, while non-food inflation was at 20.5%. Inflation for imported items was significantly lower at 15.6%, compared to 23.3% for locally produced goods. The sustained decrease in inflation provides relief to consumers and businesses, offering a sense of stability in Ghana's economic landscape.

August 14, 2024
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