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Ghana's Inflation Surges as Rent, Electricity Prices Skyrocket

7/7/2025

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Story summary
  • Ghana's inflation is now primarily influenced by non-food essentials, including rent and electricity.
  • Electricity prices soared by 139.3% year-on-year, and rent increased by 86.0%, pushing inflation to 13.7%.
  • Charcoal and university accommodation costs also experienced significant rises, highlighting broad price pressures.
  • Food prices are stabilizing, with some staples showing monthly declines, indicating a shift in inflation drivers.