7.9%: Ghana’s December inflation beats end of year target - News Summed Up

7.9%: Ghana’s December inflation beats end of year target


Business News of Wednesday, 8 January 2020Source: www.ghanaweb.com7.9%: Ghana’s December inflation beats end of year targetDisplay of tomatoes at an open marketGhana’s inflation rate in December 2019 eased to 7.9 %, the Ghana Statistical Service reports. This drop beats the country’s annual set target of 8% percent. Inflation measures the proportionate changes in the prices of a ?xed basket of goods and services that households in Ghana consume. The ministry of Ghana in its 2019 mid-year budget statement set an end of year an inflation target at 8%. Releases from the Statistical Service revealed a price inflation dipping below the set target for three months from August.


Source: GhanaWeb January 08, 2020 14:37 UTC



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