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Rising inflation may decline in July 2023 – Report

Although GCB Capital has warned that simmering food price pressures represent a problem, growing inflation may start to slow down in July 2023. In a...

Government advised to review rising food prices as June’s inflation rises slightly to 42.5%

Government statistician, Prof. Samuel Kobina Annim, has counseled decision-makers to critically examine the issues causing the rise in food inflation. He emphasized that compared...

Inflation in Egypt hits 36.8% high in June — Report

Official figures released on Monday revealed that annual inflation in Egypt reached a record high of 36.8 percent in June. This marks a significant...

Asset management growth slowed down by inflation, naira crash – Report

Nigeria has established itself as the third-largest investment management hub in sub-Saharan Africa, following South Africa and Morocco, with an estimated N3.5 trillion ($7.8...

IMF and Pakistan reach staff level agreement for $3bn bailout deal

Pakistan, currently in the midst of a severe economic crisis, has reached a staff-level agreement with the International Monetary Fund (IMF) for $3 billion...

UK mortgage rates likely to rise for some homeowners

On Thursday, the Bank of England is anticipated to increase interest rates from 4.5% to 4.75% as part of its efforts to curb inflation. UK's...

UK inflation stays at 8.7%

In May, the inflation rate in the UK remained steady at 8.7%, the same as in April. This halts the previous trend of declining...

Inflation expected to stay above 10% until end of 2025 – BoG

Unless there are unexpected surprises, inflation is expected to decline gradually but still stay above the upper range of 8±2% until the end of...

Ghana’s inflation on the rise

The Ghana Statistical Service (GSS) has published its first report on the variations in food prices across the 16 regions for the month of...

Expected decline in inflation fuels upbeat economic expectations

As the Ghana Statistical Service (GSS) prepares to issue the Consumer Price Index (CPI) numbers for May 2023 today, the market expects a further...

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