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Fuel prices have risen by more than 33% in Ghana since the start of the year – JoyNews Research

By GhanaSummary Newsroom1 min read
Fuel prices have risen by more than 33% in Ghana since the start of the year – JoyNews Research

6% in July, its first slowdown since March, but the Bank of Ghana has flagged elevated crude prices and Middle East tensions as key upside risks to the outlook.

Petrol and diesel prices in Ghana have risen by more than 33% since the start of the year, according to industry data tracked by JoyNews Research, piling pressure on households and businesses still recovering from the country's worst economic crisis in a generation.

A month-long conflict pushed Brent crude sharply higher earlier in the year, and prices have remained elevated amid tensions around the Strait of Hormuz, a chokepoint for global oil shipments.

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