Inflation slowed to 45% in March; median est. was 49.8% Currency resurgence will likely help keep inflation in check
Ghana’s inflation rate fell more than expected in March on a sharp drop in food and gasoline prices and is likely to continue the downswing because of a stronger currency.
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Annual inflation slowed for a third straight month to 45% from 52.8% in February, Government Statistician Samuel Kobina Annim told reporters Wednesday in the capital, Accra. The median estimate of seven economists in a Bloomberg survey was 49.8%.
Source:
Bloomberg
