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Ghana Inflation Accelerating to 12.6% Pressures Central Bank

  • Consumer prices rose 12.6% in December; median estimate 12.5%
  • Data exceeds central bank target for fourth straight month
A customer pays for food at a market in Accra, Ghana.

A customer pays for food at a market in Accra, Ghana.

Photographer: Nipah Denis/Bloomberg
Updated on

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Ghana’s inflation rate jumped to the highest level in almost five years in December, underscoring the dilemma the central bank faces in trying to balance its efforts to curb price growth and boost the economy.