Ghana
Ghana's inflation nearly doubled in June as high fuel prices caused by the war on Iran continued to rattle the economy.
Prices rose to 5.3% in June, up from 3.7% in May, with transport fares, rent, and school fees being the main drivers.
Despite the increase, inflation remains significantly lower than the 13.7% recorded in June 2025.
Ghana's economy has been on a recovery trend since an IMF program in 2023. It came after the country defaulted on its debt in 2022, as the Covid-19 pandemic and effects of the war in Ukraine hamstrang the economy.
The country returned to the local bond market in April, launching a 7-year cedi-denominated treasury bond to support the 2026 budget.
This is the first domestic bond issuance since the 2022 debt default.
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