Tag: inflation
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...
Business
Why BoG vows to maintain tight monetary policy
The Bank of Ghana has affirmed its dedication to sustaining a stringent monetary policy until inflation shows a consistent downward trend.In a statement to...
Business
Monetary policy will remain tight until inflation firmly declines – BoG
The Bank of Ghana (BoG) has affirmed its commitment to maintaining a stringent monetary policy stance until inflation shows a consistent downward trend.In...
Business
Ghana’s inflation plummets to 20.9% in July
Ghana's consumer inflation has continued its downward trend, falling to 20.9% year-on-year in July, marking the fourth consecutive month of decline.This represents a 2.1...
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