Tag: inflation
Business
Ghana’s Producer Price Inflation dropped to 26.9% in November – GSS
Ghana's Producer Price Inflation (PPI) dropped to 26.9% in November 2024, according to recent data from the Ghana Statistical Service (GSS).This marks a 6.1...
Breaking
Ghana to end 2024 with 18% inflation rate – IMF
Ghana’s inflation rate is projected to reach 18% by the end of 2024, the International Monetary Fund (IMF) has revealed in its latest Country...
Business
BoG’s inflation projections for 2025 shift amid mixed economic signals
The Bank of Ghana's latest assessment reveals a mixed outlook for Ghana's economy, with inflation remaining a key concern. Inflation, initially expected to return...
Business
Inflation modestly increases to 22.1% in October
The inflation rate for October 2024 has risen slightly to 22.1%, up from 21.5% in September.Prof. Samuel Kobina Annim, the government’s statistician, explained to...
Business
Inflation increases to 22.1%, up from 21.5% in September
In October 2024, inflation rose slightly to 22.1%, up from 21.5% in September, spurred by increases in both food and non-food prices.This is the...
Business
Drop in inflation rates has improved business, consumer confidence – BoG
The economy is beginning to recover, with both consumer and business confidence increasing, according to recent surveys by the Bank of Ghana (BoG).The August...
Business
Ghana’s inflation will end in 2024 with 20.8% – Fitch Solutions projects
Fitch Solutions has forecasted that Ghana's inflation rate will ease in the short term, ending 2024 at 20.8%, according to their "Ghana Inflation 2024...
Business
Imported inflation declined by 1.9% to 15.6% in July – Finance Minister
Inflation for imported items in Ghana declined by 1.9 percentage points, settling at 15.6% in July 2024, down from 17.5% in June 2024, according...
Business
IC securities projects August inflation to increase to 21.8%
IC Securities has forecasted that the inflation rate will rise to 21.8% in August 2024.“Although the sharper-than-expected deceleration in the July 2024 annual inflation...
Business
Inflation projected to rise to 21.8% in August 2024
The recent depreciation of the Ghana cedi against major foreign currencies is expected to continue as foreign exchange liquidity remains limited.Last week, the cedi...