Ghana’s inflation drops to 15.4 percent in December 2016
Ghana’s inflation for December 2016, reached 15.4 percent.
Ghana’s inflation for December 2016, reached 15.4 percent.
In December 2015, Vodafone launched its mobile money scheme M-Pesa Ghana under the brand ‘Vodafone Cash’, since its launch the service has attracted about 280,000 users as of September, according to Vodafone Ghana.
Ghana’s Consumer Price Inflation continues to decline as it dropped further to 15.5 percent in November from the 15.8 percent record in October 2016, down by 0.3 percentage points.
Ghana's central bank cut its policy rate by 50 basis points to 25.50 percent, saying the downside risks to economic growth now outweighed the risks of high inflation.