Inflation Rate In Ghana November 2021
Inflation Rate In Ghana November 2021. According to figures released by the service, this is. However, it dropped to 56.4 percent in december 2021.
Inflation ended the year 2021 with a double digit rate, as december 2021 inflation hit 12.6 percent. Policy rate projected to reach 14% as inflation hits pandemic levels. The producer price index (ppi) measures the average change over time.
Inflation Comes In At Highest Level Since April 2017 In December.
There was no change in the widely followed measure of inflation. On november 12, 2021, 1:02 pm. The forecast was revised up by 5% from november, exceeding expectations.
According To Figures Released By The Service, This Is.
The ghana statistical service (gss) has said the country for november this year recorded an inflation rate of 12.2 percent. What is the current inflation rate 2021? This indicates that prices of goods and services witnessed upward adjustment during the period, a situation that will push interest rates and consequently cost of borrowing up.
2021 Ends With Inflation At 12.6%.
The ghana statistical service has said the country’s inflation ended the year 2021 in double digits at 12.6 percent. The monetary policy committee (mpc) of the bank of ghana is projected to increase the policy rate to 14 percent, in the light of consistent increases in inflation for the past few months, since may 2021 low of 7.5 percent. November 2021 consumer price inflation at 12.2% ghana's consumer price inflation was 12.2% in november 2021 compared with 11.0% in october 2021, the country's statistical service has said.
Ghana Statistical Service Government Statistician Gss Inflation Prof Samuel Annim Rate
Inflation ended the year 2021 with a double digit rate, as december 2021 inflation hit 12.6 percent. What is the current inflation rate 2021? The inflation for imported goods was 10.4%, higher than the 9.8% recorded in november 2021.
The Month Of November 2021 Recorded The Highest Rate Of Inflation Of 12.2% Since The Rebasing Of The Consumer Price Index Was Done In 2019, The Ghana Statistical Service Has Indicated.
Inflation comes in at highest level since august 2017 in november. Policy rate projected to reach 14% as inflation hits pandemic levels. The monthly change rate for november 2021 is 1.4 percent.
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