Ghana - Consumer Price Index - CPI May 2023

CPI Ghana May of 2023

Ghana: CPI goes up in May of 2023

The annual variation rate of the CPI in Ghana in May of 2023 was 9.7%, 7 tenths higher than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 4.8%, and thus the accumulated inflation in 2023 is 9.8%

We must highlight the increase of 6.2% in the prices of Food and non-alcoholic beverages, until its interannual rate reached 15.3%, which is in contrast to the decrease in the prices of Transport of 1.4%, and an interannual variation of 2.1%.

In this page we show you the progression of the CPI in Ghana. You can see the inflation in other countries in CPI and see all the information about Ghana in Ghana's economy

CPI (overall index) [+]

CPI Ghana May 2023

	Interannual	Accum. since January	Monthly variation
CPI (overall index) [+]	9.7%	9.8%	4.8%
Food and non-alcoholic beverages [+]	15.3%		6.2%
Alcoholic beverages and tobacco [+]	7.9%		5.7%
Clothing and footwear [+]	9.4%		4.1%
Housing, water, electricity, gas and other fuels [+]	-0.3%		2.7%
Furniture, household equipment and maintenance [+]	35.0%		5.3%
Health [+]	11.1%		5.1%
Transport [+]	2.1%		1.4%
Communication [+]	0.8%		3.1%
Recreation and culture [+]	10.0%		5.5%
Education [+]	1.7%		4.0%
< CPI 2023-04CPI 2023-06 >

Ghana: CPI annual

	2022	2021
CPI (overall index) [+]	19.0%	12.6%
Food and non-alcoholic beverages [+]	21.3%	12.8%
Alcoholic beverages and tobacco [+]	5.2%	9.6%
Clothing and footwear [+]	15.8%	8.6%
Housing, water, electricity, gas and other fuels [+]	18.0%	20.7%
Furniture, household equipment and maintenance [+]	46.8%	9.6%
Health [+]	11.7%	6.0%
Transport [+]	27.9%	17.6%
Communication [+]	5.5%	9.0%
Recreation and culture [+]	21.3%	11.4%
Education [+]	2.5%	1.0%