Ghana

Inflation in Ghana Moves Up to 50.3% for November

Ghana’s consumer inflation rose to 50.3% in November, up from 40.4% the previous month, Ghana Statistical Service said on Wednesday.

The consumer price index, which measures a wide basket of goods and services, rose to 0.3% percentage points month-on-month.

The jump in inflation comes a day after authorities reached a staff-level Agreement with the International Monetary Fund(IMF) for a US$3bn, 3-year Extended Credit Facility (ECF).

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