Ghana’s consumer inflation slowed to 41.2% annually in April from 45.0% in March, the statistics service said on Wednesday.
It was the fourth consecutive month that inflation has slowed, since reaching a more than two-decade high of 54.1% in December.
The cocoa, gold and oil-producing nation is facing its worst economic crisis in a generation and is in the process of restructuring its debt in order to secure a $3 billion loan from the International Monetary Fund.
In March the central bank surprised analysts by raising its main interest rate to 29.5%, a sign the monetary policy committee did not yet see the economic situation stabilising despite slowing inflation.
Month-on-month inflation between March and April 2023 was 2.4%, government statistician Samuel Kobina Annim told reporters.
(Reporting by Christian Akorlie; Writing by Hereward Holland; Editing by Alexander Winning)