Inflation Rate For 2024 In Ghana

Inflation Rate For 2024 In Ghana. The eiu predicts that ghana’s inflation rate will drop from 38% in 2023 to 18% in 2024, as oil prices fall and economic activity recovers. Ghana aims for a 15 per cent inflation rate in 2024, but challenges remain in aligning inflation trends with cost and price reductions amid external.

Inflation rate in ghana averaged 17.31 percent from 1998 until 2024, reaching an all time high of 63.10 percent in march of 2001 and a record low of 0.40 percent in may of 1999. However, the construction sector recorded a surge to 31.5% in october 2024, while the mining and quarrying sector recorded the highest inflation rate at 54.3 percent.