Economics
Ghana December Inflation at 7.9% Beats Year-End Target
- Mid-year budget statement set a goal of 8% inflation
- Cedi has gained some ground after dropping to record low
A street vendor selling tinned food and household goods waits for customers in Accra.
Photographer: Nicholas Seun Adatsi/BloombergThis article is for subscribers only.
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Ghana beat the government’s inflation target for 2019 as food-price growth eased.
Annual inflation slowed to 7.9% in December from 8.2% in November, Government Statistician Samuel Kobina Annim in the capital, Accra, said on Wednesday. Prices rose 0.3% in the month.