Ghana’s inflation rises to highest level in 18 years

– – Ghana’s inflation rate has risen to the highest level in more than 18 years in April. Inflation for the month rose to 23.6% from 19.4% in March. Government Statistician Professor Samuel Kobina Annim told journalists in Accra that the rate is the highest since January 2004. Food-price growth surged to 26.6% year-on-year from 22.4% in March and non-food inflation accelerated to 21.3% in April from 17% the previous month. Prices jumped 5.8% in the month. “Headline inflation, stoked by higher costs of imported goods such as cooking oil…

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