Ghana’s consumer inflation slowed for a fourth consecutive month in July, to 20.9% year on year, from 22.8% in June, the statistics service said on Wednesday.
Government statistician Samuel Kobina Annim told a news conference that the latest decline was the result of a fall in both food and non-food inflation.
The cocoa-, gold- and oil-producing West African country is battling to emerge from an economic crisis.
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It cleared a key hurdle to restructure its international bonds in July, as its official creditors confirmed the proposed debt rework was not overly favourable to bondholders. (Reuters)
