Ghana - Consumer price inflation

31.3 (%) in 2022

In 2022, inflation rate for Ghana was 31.3 %. Though Ghana inflation rate fluctuated substantially in recent years, it tended to decrease through 1973 - 2022 period ending at 31.3 % in 2022.

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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.