Since the year began, the West African country of Ghana has hopped from one economic complication to the other. The country for more than half of the year grappled with some economic shortcomings, including a two-decade high inflation rate. However, the past few months have seen the Gold Coast regaining some ground.

A report by the American news agency, Reuters, shows that “Ghana’s consumer inflation slowed to 26.4% year on year in November from 35.2% in October.”

In January Ghana’s inflation rate, according to the data set from the country’s National Bureau of Statistics, was 53.6% and a month later it dropped to 52.8%.

Since then the country’s inflation rate has been in a steady decline, with October’s numbers coming in at a 14-month low.

Source: BI