Tag: inflation
Inflation drops to 23.1% as fiscal and monetary policies take effect
Ghana's economy is showing promising signs of recovery, as evidenced by a significant decline in inflation, which has dropped to 23.1% in May 2024...
Ghana inflation rises to 23.5%, driven by non-food items
Ghana's inflation rate experienced a slight uptick in January to 23.5%, up 0.3 percentage points from December, marking a return to its upward trend...
Ghana inflation slows to 26.4% in November
Ghana's consumer inflation slowed to a 19-month low of 26.4% in November from 35.2% the previous month, the national statistical service (GSS) announced on...
Ghana’s surprise uptick in inflation may see rate hikes return
Ghana’s inflation rate unexpectedly rose for the first time in five months in May as food prices soared, adding pressure on the central bank...
Producer inflation falls marginally to 52.1% in January 2023
The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022.
Data from the Ghana Statistical Service, Mining...
Ghana’s inflation for October hits 40.4%
The national year-on-year inflation rate was 40.4% in October 2022 which is 3.2 percentage points higher than the recorded 37.2% in September 2022, the...
World Bank: Ghana ranks 1st with highest food price increases of...
Ghana is ranked 1st by the World Bank with the highest food prices in Sub-Saharan Africa in 2022.
According to the Bretton Wood institution’s October...
Bank of Ghana raises policy rate to 22% amidst soaring inflation
The Bank of Ghana (BoG) has raised the policy rate by 300 basis points (bp) to 22 per cent in a historic move meant...
Currency slump spawns surprise jump in Ghana’s inflation rate
Ghana's annual inflation rate climbed to 31.7% in July, authorities have said.
According to the Ghana Statistical Service, the figure is 1.9 percentage points higher...
July 2021 inflation inches up at 9.0%
The Year-on-year inflation rate for July stood at 9.0 per cent compared to 7.8 per cent in June, the Government Statistician Professor Samuel Kobina...
