Economic Indicators

Ghana inflation rises for second month in October

2024.11.06 07:10

ACCRA (Reuters) – Ghana’s consumer inflation rose for the second month in a row in October, to 22.1% year on year from 21.5% in September, the statistics service said on Wednesday.

Government statistician Samuel Kobina Annim told a news conference that both food and non-food inflation had quickened last month.

“Three divisions – food and non alcoholic beverages, housing, water and fuel, and transport – contributed about two-thirds of the overall rate of inflation for October,” Annim said.

October’s inflation rate was the highest since June.

The cocoa-, gold- and oil-producing West African country has been battling to emerge from its worst economic crisis in a generation.

© Reuters. FILE PHOTO: A general view of the Makola market, one of the country's largest trading centres in Accra, Ghana March 26, 2022. REUTERS/Francis Kokoroko/File Photo

Last month Ghana’s debt-restructuring process neared completion, after investors approved an overhaul of $13 billion worth of international bonds.

It also reached an agreement with the International Monetary Fund on a third review of its $3 billion loan programme.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 73,879.79 7.21%
ethereum
Ethereum (ETH) $ 2,619.49 7.17%
tether
Tether (USDT) $ 1.00 0.03%
solana
Solana (SOL) $ 187.00 14.06%
bnb
BNB (BNB) $ 581.43 3.59%
usd-coin
USDC (USDC) $ 1.00 0.00%
xrp
XRP (XRP) $ 0.531691 4.69%
dogecoin
Dogecoin (DOGE) $ 0.197628 15.15%
staked-ether
Lido Staked Ether (STETH) $ 2,621.84 7.30%
tron
TRON (TRX) $ 0.163716 1.44%
cardano
Cardano (ADA) $ 0.356769 7.33%
the-open-network
Toncoin (TON) $ 4.69 1.44%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,106.17 7.45%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 5.23%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 73,729.75 7.24%
avalanche-2
Avalanche (AVAX) $ 26.47 12.76%
weth
WETH (WETH) $ 2,621.25 7.24%
chainlink
Chainlink (LINK) $ 11.77 10.39%
bitcoin-cash
Bitcoin Cash (BCH) $ 366.63 8.12%
sui
Sui (SUI) $ 2.29 17.45%
polkadot
Polkadot (DOT) $ 4.07 5.50%
leo-token
LEO Token (LEO) $ 6.17 1.75%
usds
USDS (USDS) $ 1.00 0.32%
uniswap
Uniswap (UNI) $ 9.15 30.18%
litecoin
Litecoin (LTC) $ 69.84 6.86%
near
NEAR Protocol (NEAR) $ 4.12 8.19%
aptos
Aptos (APT) $ 9.32 10.43%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,749.98 6.98%
pepe
Pepe (PEPE) $ 0.000009 13.36%
bittensor
Bittensor (TAO) $ 523.49 20.35%
internet-computer
Internet Computer (ICP) $ 7.65 6.15%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.38 13.35%
dai
Dai (DAI) $ 0.998799 0.17%
monero
Monero (XMR) $ 161.71 1.13%
kaspa
Kaspa (KAS) $ 0.117726 9.15%
stellar
Stellar (XLM) $ 0.096489 4.11%
ethereum-classic
Ethereum Classic (ETC) $ 19.11 6.16%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
whitebit
WhiteBIT Coin (WBT) $ 19.22 1.54%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.324724 7.81%
blockstack
Stacks (STX) $ 1.65 9.07%
aave
Aave (AAVE) $ 162.68 25.28%
dogwifcoin
dogwifhat (WIF) $ 2.37 13.42%
first-digital-usd
First Digital USD (FDUSD) $ 0.997459 0.17%
okb
OKB (OKB) $ 38.99 3.94%
crypto-com-chain
Cronos (CRO) $ 0.084746 17.76%
filecoin
Filecoin (FIL) $ 3.60 7.62%
arbitrum
Arbitrum (ARB) $ 0.521828 7.67%
injective-protocol
Injective (INJ) $ 20.69 21.44%
mantle
Mantle (MNT) $ 0.585053 4.64%