The year-on-year inflation rate slowed for the fourth consecutive month to 20. 9 per cent in July compared to 22.8 per cent the previous month, the Ghana Statistical Service said on Wednesday.
This means that in July 2024, the general price level was 20.9 percent higher than July 2023.
The Month-on-month inflation between June and July 2024 was 2.1 per cent.
Professor Samuel Anim, the Government Statistician, at a press briefing, said the Consumer Price Index for July 2024 was 231.0 relative to 191.0 for July 2023.
