Closing out 2023, Ghana recorded a December inflation rate of 23.2%, according to data from the Ghana Statistical Service.
This figure reflects a 3.2 percentage point decrease from the November rate of 26.4% and the lowest rate in the year 2023.
Despite this positive month-over-month change in the last five months, the average inflation rate for the entire year stands at 40.27%, signifying an 8.81% increase compared to the 2022 average rate of 31.36%.
The rate is the highest in over two (2) decades.
Source:Mybrytfmonline.com
