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Time Value: GHC1000 in 2021 is worth GHC450 now – Report

A recent analysis by the 3News Research Desk has highlighted the significant impact of inflation on the purchasing power of the Ghanaian cedi. According...

Business

Near-term forecast of inflation remains unclear – Report

GCB Capital has revealed that despite the ongoing disinflation trend, the near-term outlook for inflation remains uncertain. While they anticipate continued disinflation through the...

Business

Ghana currently holds 6th position in Africa for highest food inflation rates

Ghana currently holds the 6th position in Africa for the highest food inflation rates. In May 2024, Ghana recorded a food inflation rate of 22.6%,...

Business

Ghana’s annual inflation rate continues to decline, reaching 22.8% in June 2024

Ghana's annual inflation rate continued its decline, falling from 23.1 percent in May to 22.8 percent in June this year. This indicates a month-on-month inflation...

News

Cost of producing goods and services surges by 6.8 %

In May 2024, the year-on-year inflation rate for all goods and services at ex-factory prices reached 23.6%, marking a notable increase from April 2024's...

News

High inflation on food could become more severe – Seth Terkper

The Finance Minister during the Mahama administration, Seth Terkper, has disclosed that the current exorbitant food prices in the market could have been even...

News

GCB Capital projects downward trend of inflation in coming months

The disinflation trend in Ghana is anticipated to continue, albeit at a moderated pace, despite challenges such as the depreciation of the cedi and...

Business

May 2024 records 25% to 23.1% drop in inflation

The inflation rate in Ghana slightly declined from 25% in April 2024 to 23.1% in May 2024. Professor Samuel Kobina Annim, Government Statistician of the...

News

Ghana’s inflation currently stands at 23.1%

Inflation for May 2024 has seen a substantial decline, dropping to 23.1% from 25.0% in April 2024, marking a 1.9 percentage point reduction. The...

News

Krom ay3 shi! – Minority leader ‘cries out’ over exorbitant food prices on the market

The Minority Leader, Dr Cassiel Ato Forson, has raised concerns over the alarming trends in food prices, which have skyrocketed since the beginning of the...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

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