Price-growth slows from 35.2% in Oct.: government statistician Central bank had projected inflation would end the year at 29%
Ghana’s inflation rate fell in November to a 19-month low, helped by base-effect comparisons with last year and aggressive monetary policy tightening by the central bank.
The consumer price index rose by 26.4% last month on an annual basis following a 35.2% gain in October, government statistician Samuel Kobina Annim said in the capital, Accra, on Wednesday. The median estimate of five economists surveyed by Bloomberg was for price growth to ease to 27.7%.