Ghana’s consumer inflation rose to 54.1% year on year in December, up from 50.3% the previous month, the statistics office said on Wednesday.
The West African nation gold, oil and cocoa producer is battling its worst economic crisis in a generation.
The local cedi dropped heavily against the dollar last year, as government spending cuts and central bank interest rate hikes failed to tame inflation.
In December, Ghana secured a staff-level agreement with the International Monetary Fund for a $3 billion, three-year support package.
The government has launched a domestic debt exchange programme and on Tuesday asked to restructure its bilateral debt under the G20 common framework platform.