Search

Ghana’s Inflation Hits 23.8%, Surpassing Central Bank Projections

Accra, Ghana © Unsplash
  • Inflation reaches highest level since mid-2024, rising to 23.8% in December.
  • Central bank’s revised target of 18% missed amid persistent economic pressures.

Accra, Ghana – Ghana’s inflation surged to 23.8% in December 2024, up from 23% in November, marking its highest level since mid-2024, according to the Ghana Statistical Service (GSS). The steep rise deviates sharply from the central bank’s and Ministry of Finance’s earlier projection of 15% ±2, highlighting mounting inflationary pressures.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Vibrant street market scene with tuk-tuks in Egypt. Photo by Tito Zzzz @ Pexels
Can Egypt’s inflation fight trap Africa’s biggest Arab economy deeper?
Read More »
A joyful couple streaming movie on phone. Photo by Askar Abayev @Pexels
Why Africa’s streaming market still struggles to attract global investors
Read More »
Aerial view of the National Bank of Ethiopia (NBE). Photo by AMN-English | Facebook
Could Ethiopia’s dollar auction quietly redefine Birr market reality?
Read More »

Recent Politics

A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »

Latest Posts

Latest news insights