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Ghana's Inflation Rises to 21.5% in September, First Increase in Six Months
Oct 2, 2024, 10:28 AM
Ghana's consumer inflation rose to 21.5% year-on-year in September, marking the first increase in six months. This rise comes after Ghana's money supply (M2) growth rate surged to 39% per year in August, an 11-month high. The statistics service reported that inflation increased from 20.4% in August to 21.5% in September. This unexpected rise in inflation highlights ongoing economic challenges in Ghana. Reuters reported the full story.
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