Ghana’s inflation rate unexpectedly fell for the first time in 20 months in January as non-food price growth cooled.
(Bloomberg) — Ghana’s inflation rate unexpectedly fell for the first time in 20 months in January as non-food price growth cooled.
Annual inflation slowed to 53.6% from 54.1% in December, Government Statistician Samuel Kobina Annim told reporters Wednesday in the capital, Accra. The median estimate of seven economists in a Bloomberg survey was 54.3%.
Non-food inflation slowed to 47.9% from 49.9%.
–With assistance from Simbarashe Gumbo.
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