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Ghana Inflation Rate Rises to Highest This Year on Weak Cedi

Ghana’s inflation quickened in September to the fastest pace this year as the cedi remained at a record low, boosting the cost of imports, and the government removed subsidies on gasoline.

The inflation rate rose to 11.9 percent from 11.5 percent in August, Baah Wadieh, a statistician at the Ghana Statistical Service, told reporters in the capital, Accra today. The statistics office began using a 2012 base for inflation in January.