Inflation Ghana 2013
Average inflation: 11.7%
Current Inflation
Inflation is very high at 11.7%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 13.5%. The lowest inflation was in January at 10.1%.
- Highest month
- December: 13.5%
- Lowest month
- January: 10.1%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 17.1%. The lowest price increase was in Food with an average of 0.3%.
- Highest increase
- Energy: 17.1%
- Lowest increase
- Food: 0.3%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 12.3%.
- 5-year average
- 12.3%
- 10-year average
- 13.4%
- All-time high (2001)
- 43.5%
- All-time low (1999)
- 5%
Trend
Inflation shows an upward trend. Compared to 2012, inflation has risen by +0.5 percentage point.
- Change vs. previous year
- +0.5 percentage points
- Largest monthly swing
- January: +1.4 percentage points
ECB Target
Inflation is 9.7% 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 €111.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2013
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2012 |
|---|---|---|
| January | 10.1% | +1.4 |
| February | 10.4% | +1.1 |
| March | 10.8% | +0.7 |
| April | 10.9% | +0.2 |
| May | 11.0% | -0.4 |
| June | 11.6% | -0.3 |
| July | 11.8% | -0.2 |
| August | 11.5% | -0.2 |
| September | 11.9% | +0.4 |
| October | 13.1% | +1.3 |
| November | 13.2% | +0.8 |
| December | 13.5% | +0.9 |
| Average | 11.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.