{"id":49968,"date":"2026-11-04T15:10:46","date_gmt":"2026-11-04T13:10:46","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=49968"},"modified":"2026-11-04T15:10:46","modified_gmt":"2026-11-04T13:10:46","slug":"ghana-inflation-rises-less-than-expected-in-october","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/ghana-inflation-rises-less-than-expected-in-october\/","title":{"rendered":"Ghana inflation rises less than expected in October"},"content":{"rendered":"<p>Ghana&#8217;s annual inflation rate rose \u200cfor the third month in a row in October, but the increase was smaller than \u200bexpected and kept inflation below the \u200bcentral bank&#8217;s target band.<\/p>\n<p>Consumer inflation was at \u20605.5% year on year in October, \u200bup from 5.2% in September, the statistics service \u200bsaid on Wednesday.<br \/>\nEconomists polled by Reuters had predicted a reading of 6.2%.<\/p>\n<p>Government statistician Alhassan Iddrisu said \u200bnon-food inflation quickened to 7.9% and was \u200bthe key driver, contributing roughly three-quarters of overall inflation<br \/>\nFood \u200cinflation \u2060eased to 2.8%, as several staple items and fruits were cheaper than a year ago.<\/p>\n<p>Ghana&#8217;s inflation slowed sharply over 2025, \u200bbut it has \u200bpicked \u2060up since touching a low of 3.2% in March 2026.<\/p>\n<p>Ghana&#8217;s central bank \u200bheld its main interest rate at \u200b14% \u2060in September for a third consecutive meeting.<\/p>\n<p>The bank targets inflation of 8% with a \u2060margin \u200bof error of 2 \u200bpercentage points either side.<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":38193,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-49968","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Ghana's central bank \u200bheld its main interest rate at \u200b14% \u2060in September for a third consecutive meeting.","published_date":"","news_description":"Ghana's central bank \u200bheld its main interest rate at \u200b14% \u2060in September for a third consecutive meeting.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49968\/revisions"}],"predecessor-version":[{"id":49970,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/49968\/revisions\/49970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/38193"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=49968"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=49968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}