Ghana inflation slows for eighth month in a row

Breakdown

• Ghana's inflation rate has declined for the eighth month in a row, now at 11.5%.
• This is the lowest inflation level in nearly four years. 13s
• Both food and non-food prices have eased, but food remains the main driver. 19s
• The central bank cut its key interest rate by 300 basis points to 25%, the largest cut in its history. 31s
• Officials are optimistic about meeting the year-end inflation target ahead of schedule. 44s