Ghana Inflation Rate  1998-2016 | Data | Chart | Calendar | Forecast

Annual inflation rate in Ghana accelerated to 19.2 percent in March of 2016 from 18.5 percent gain in the previous month. It is the highest figure since August 2009, mainly due to a jump in price of transport. Cost of transport (40 percent from 30.4 percent in February) and clothing and footwear (21 percent from 19.4 percent) rose at a faster pace. In contrast, price of housing, water, electricity and gas (21 percent from 19.4 percent); miscellaneous goods and services (18.3 percent from 19.7 percent) and hotels, cafes and restaurants (21 percent from 19.4 percent) increase at a slower pace. Meantime, food inflation remain steady at 8.3 percent. On a monthly basis, consumer prices increased 1.7 percent. Inflation Rate in Ghana averaged 17.15 percent from 1998 until 2016, reaching an all time high of 63 percent in March of 2001 and a record low of 0.40 percent in May of 1999. Inflation Rate in Ghana is reported by the Ghana Statistical Service.

Ghana Inflation Rate
Receive the next reported value for Ghana Inflation Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
19.20 18.50 63.00 0.40 1998 - 2016 percent Monthly
2012=100
In Ghana, the most important components in the Consumer Price Index (CPI) are Food and Non Alcoholic Beverages (43.6 percent of total weight); Housing, Water, Electricity, Gas and Other Utilities (9.5 percent) and Clothing and Footwear (8.9 percent). Transport account for 7.2 percent of total index, Miscellaneous Goods and Services for 7 percent, Hotels, Cafés and Restaurants for 6 percent and Furnishing and Household Equipment for 4.6 percent. Education represents 3.8 percent of total weight, Recreation and Culture another 2.7 percent and Communication 2.6 percent. Health accounts for the remaining 2.4 percent and Alcoholic Beverages, Tobacco and Narcotics 1.6 percent. This page provides - Ghana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-10 10:30 AM Jan 19% 17.7% 17.8%
2016-03-09 10:40 AM Feb 18.5% 19% 18.9%
2016-04-13 10:20 AM Mar 19.2% 18.5% 18.1 % 18.1%
2016-05-11 10:30 AM Apr 19.2% 19%
2016-06-15 11:00 AM May 18.7%
2016-07-13 10:30 AM Jun 18.3%

Ghana Inflation Rate at Nearly 6-1/2 Year High


Annual inflation rate in Ghana accelerated to 19.2 percent in March of 2016 from 18.5 percent in the previous month. It is the highest figure since August 2009, mainly due to a jump in price of transport.

Year-on-year, cost of transport (40 percent from 30.4 percent in February) and clothing and footwear (21 percent from 19.4 percent) rose at a faster pace. In contrast, prices of housing, water, electricity and gas (39.6 percent from 41 percent); miscellaneous goods and services (18.3 percent from 19.7 percent) and hotels, cafes and restaurants (15.9 percent from 16.9 percent) increased at a slower pace. Meantime, food inflation remained steady at 8.3 percent.

On a monthly basis, consumer prices increased 1.7 percent compared to a 0.7 percent rise in February.  Transport prices went up by 8.3 percent; food by 0.7 percent; housing, water, electricity, gas and other fuels by 0.6 percent and clothing and footwear by 1.5 percent. 

Ghana Statistical Service | Mojdeh Kazemi | mojdeh@tradingeconomics.com
4/13/2016 3:24:21 PM

Ghana Prices Last Previous Highest Lowest Unit
Inflation Rate 19.20 18.50 63.00 0.40 percent [+]
Consumer Price Index CPI 172.00 169.20 172.00 9.81 Index Points [+]
Producer Prices 527.20 523.10 527.20 135.81 Index Points [+]
Food Inflation 8.30 8.30 8.90 5.00 percent [+]
Producer Prices Change 14.30 14.50 48.56 2.80 percent [+]
Inflation Rate Mom 0.70 4.60 10.87 -3.34 percent [+]




Last
Afghanistan 3.85 Mar/16
Albania 0.30 Mar/16
Algeria 3.04 Feb/16
Angola 23.60 Mar/16
Argentina 32.90 Feb/16
Armenia -2.00 Mar/16
Aruba -1.80 Mar/16
Australia 1.30 Mar/16
Austria 0.70 Mar/16
Azerbaijan 11.70 Feb/16
Bahamas 2.00 Dec/15
Bahrain 3.30 Mar/16
Bangladesh 5.65 Mar/16
Barbados -1.06 Dec/15
Belarus 12.80 Mar/16
Belgium 2.04 Apr/16
Belize 0.30 Feb/16
Benin -0.20 Feb/16
Bhutan 3.53 Dec/15
Bolivia 3.28 Mar/16
Bosnia and Herzegovina -1.80 Mar/16
Botswana 3.00 Mar/16
Brazil 9.39 Mar/16
Brunei -0.20 Feb/16
Bulgaria -1.50 Mar/16
Burkina Faso -0.20 Feb/16
Burundi 4.30 Mar/16
Cambodia 2.31 Feb/16
Cameroon 1.47 Dec/15
Canada 1.30 Mar/16
Cape Verde -1.20 Mar/16
Cayman Islands -2.50 Dec/15
Central African Republic 25.58 Jun/14
Chad -3.40 Mar/16
Chile 4.50 Mar/16
China 2.30 Mar/16
Colombia 7.98 Mar/16
Comoros 1.40 Dec/14
Congo 2.04 Feb/16
Costa Rica -1.10 Mar/16
Croatia -1.70 Mar/16
Cuba 5.30 Dec/14
Cyprus -2.50 Mar/16
Czech Republic 0.30 Mar/16
Denmark 0.00 Mar/16
Djibouti 2.60 Mar/15
Dominican Republic 1.59 Mar/16
East Timor -1.60 Feb/16
Ecuador 2.32 Mar/16
Egypt 9.00 Mar/16
El Salvador 1.12 Mar/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.20 Mar/16
Ethiopia 7.40 Apr/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.00 Mar/16
France -0.20 Apr/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 3.20 Apr/16
Germany 0.10 Apr/16
Ghana 19.20 Mar/16
Greece -1.50 Mar/16
Guatemala 4.30 Mar/16
Guinea 7.70 Mar/16
Guinea Bissau 3.10 Feb/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 3.00 Mar/16
Hungary -0.20 Mar/16
Iceland 1.60 Apr/16
India 4.83 Mar/16
Indonesia 3.60 Apr/16
Iran 8.90 Feb/16
Iraq 1.50 Feb/16
Ireland -0.30 Mar/16
Israel -0.70 Mar/16
Italy -0.40 Apr/16
Ivory Coast 0.90 Mar/16
Jamaica 3.00 Mar/16
Japan -0.10 Mar/16
Jordan -1.67 Mar/16
Kazakhstan 16.30 Apr/16
Kenya 5.27 Apr/16
Kosovo 0.10 Mar/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.60 Mar/16
Lebanon -3.57 Mar/16
Lesotho 6.60 Feb/16
Liberia 8.00 Dec/15
Libya 10.10 Nov/15
Liechtenstein -0.90 Mar/16
Lithuania 1.20 Mar/16
Luxembourg 0.07 Apr/16
Macau 3.31 Mar/16
Macedonia -0.40 Mar/16
Madagascar 7.20 Feb/16
Malawi 22.10 Mar/16
Malaysia 2.60 Mar/16
Maldives 1.30 Feb/16
Mali -1.50 Feb/16
Malta 1.00 Mar/16
Mauritania -0.40 Mar/16
Mauritius 0.90 Mar/16
Mexico 2.60 Mar/16
Moldova 9.40 Mar/16
Mongolia 1.70 Mar/16
Montenegro -0.90 Mar/16
Morocco 1.80 Mar/16
Mozambique 13.61 Mar/16
Myanmar 15.19 Sep/15
Namibia 6.50 Mar/16
Nepal 11.30 Feb/16
Netherlands 0.60 Mar/16
New Caledonia 0.90 Mar/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 Mar/16
Niger 1.10 Mar/16
Nigeria 12.80 Mar/16
North Korea 55.00 Jul/13
Norway 3.30 Mar/16
Oman 0.10 Mar/16
Pakistan 4.17 Apr/16
Palestine 0.32 Mar/16
Panama 0.60 Mar/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Mar/16
Poland -1.10 Apr/16
Portugal 0.40 Mar/16
Puerto Rico 0.50 Feb/16
Qatar 3.30 Mar/16
Republic of the Congo 3.70 Apr/15
Romania -3.00 Mar/16
Russia 7.30 Mar/16
Rwanda 5.80 Mar/16
Sao Tome and Principe 4.30 Feb/16
Saudi Arabia 4.30 Mar/16
Senegal 1.30 Mar/16
Serbia 0.60 Mar/16
Seychelles -3.20 Mar/16
Sierra Leone 8.85 Dec/15
Singapore -1.00 Mar/16
Slovakia -0.50 Mar/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.30 Mar/16
South Korea 1.00 Apr/16
South Sudan 245.20 Mar/16
Spain -1.10 Apr/16
Sri Lanka 3.10 Apr/16
Sudan 12.94 Feb/16
Suriname 31.88 Feb/16
Swaziland 4.90 Dec/15
Sweden 0.80 Mar/16
Switzerland -0.90 Mar/16
Syria 43.02 Oct/15
Taiwan 2.00 Mar/16
Tajikistan 5.60 Mar/16
Tanzania 5.40 Mar/16
Thailand 0.07 Apr/16
Togo 1.10 Mar/16
Trinidad and Tobago 3.40 Feb/16
Tunisia 3.30 Mar/16
Turkey 6.57 Apr/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 20.90 Mar/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.50 Mar/16
United States 0.90 Mar/16
Uruguay 10.60 Mar/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 1.89 Apr/16
Yemen 9.49 Nov/14
Zambia 21.80 Apr/16
Zimbabwe -2.31 Mar/16