Inflation Ghana 2010
Average inflation: 10.8%
Current Inflation
Inflation is very high at 10.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 14.8%. The lowest inflation was in December at 8.6%.
- Highest month
- January: 14.8%
- Lowest month
- December: 8.6%
- Difference
- 6.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 10.2%. The lowest price increase was in Food with an average of 6.1%.
- Highest increase
- Energy: 10.2%
- Lowest increase
- Food: 6.1%
Historical Context
Current inflation is 3.0% lower than the 5-year average of 13.8%.
- 5-year average
- 13.8%
- 10-year average
- 18.6%
- All-time high (2001)
- 43.5%
- All-time low (1999)
- 5%
Trend
Inflation shows a downward trend. Compared to 2009, inflation has fallen by +8.5 percentage point.
- Change vs. previous year
- -8.5 percentage points
- Largest monthly swing
- June: -11.2 percentage points
ECB Target
Inflation is 8.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €110.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2010
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2009 |
|---|---|---|
| January | 14.8% | -5.1 |
| February | 14.2% | -6.1 |
| March | 13.3% | -7.2 |
| April | 11.7% | -8.9 |
| May | 10.7% | -9.4 |
| June | 9.5% | -11.2 |
| July | 9.5% | -11.0 |
| August | 9.4% | -10.2 |
| September | 9.4% | -9.0 |
| October | 9.4% | -8.6 |
| November | 9.1% | -7.8 |
| December | 8.6% | -7.4 |
| Average | 10.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.