Ghana’s World-Beating Cedi Tames Inflation at Eight-Month Low

Ghana’s inflation rate fell to an eight-month low in April as the West African nation’s world-beating currency helped rein in import costs.

Consumer prices rose 21.2% in April, compared with 22.4% the month before, Government Statistician Alhassan Iddrisu told reporters in the capital, Accra, on Wednesday. Prices rose 0.8% in the month.