Ghana inflation rate for 2023 was 38.11%, a 6.85% increase from 2022.
Ghana inflation rate for 2022 was 31.26%, a 21.28% increase from 2021.
Ghana inflation rate for 2021 was 9.97%, a 0.08% increase from 2020.
Ghana inflation rate for 2020 was 9.89%, a 2.74% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
