Ghana Inflation at Four-Year Low Signals Another Rate Cut

Ghana’s inflation rate fell for an eighth straight month to the lowest level in almost four years, supporting the argument for another rate cut.

Annual inflation slowed to 11.5% in August from 12.1% the previous month, Government Statistician Alhassan Iddrisu told reporters in the capital, Accra, on Wednesday. Prices fell 1.3% in the month, he said.