00:01Ghana's inflation nearly doubled in June as high fuel prices caused by the war on Iran continued to rattle the
00:09economy.
00:10Prices rose to 5.3% in June, up from 3.7% in May, with transport fares, rent and
00:18school fees being the main drivers.
00:21Despite the increase, inflation remains significantly lower than the 13.7% recorded in June 2025.
00:30Ghana's economy has been on a recovery trend since an IMF program in 2023.
00:36It came after the country defaulted on its debt in 2022 as the COVID-19 pandemic and effects of the
00:44war in Ukraine hamstrung its economy.
00:46The country returned to the local bond market for the first time since 2022 in April to support the 2026
00:53budget.
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