Tag: Inflation
Inflation To Go Up Slightly To 21.6%
Inflation is expected to go up marginally to 21.6% in October 2024 after it surprisingly increased by 110 basis points (bps) to 21.5% in...
Inflation To Decline Between 13-17% By December 2024 – BoG
The Bank of Ghana is forecasting a further decline in headline inflation to between 13 – 17% by the end of 2024, before gradually...
Non-food Items Inches Up Ghana’s Inflation To 23.5% In January
According to recent data released by the Ghana Statistical Service, inflation experienced a slight uptick in January 2024, reaching 23.5 percent, marking a return...
Ghana’s Inflation Drops To 26.4% in November
For the fourth consecutive month, Ghana has experienced a declining inflation rate, reaching 26.4% in November – an 8.8-percentage-point decrease from the 35.2% recorded...
Inflation To Drop Further – Fitch Solutions
Fitch Solutions is predicting that Bank of Ghana (BoG) will commence a monetary easing cycle in the 4th quarter of 2023, cutting the policy...
Interest Rates To Go Down Soon-Deputy Minister
A Deputy Minister for Finance, Dr. John Kumah is optimistic that interest rates in the country will in the coming months go down, following...
Ghana’s Inflation To Hit 33.4% In 2023 – Fitch
International research institution and market information firm, Fitch Solutions, has reiterated a disinflationary process for Ghana in 2023, forecasting an average inflation of 33.4%.
According...
Govt, IMF Resume Talks On $3Bn Support
Government of Ghana and the International Monetary Fund (IMF) will resume negotiations this week in Accra on the country’s request for balance of payment...
40.4% Inflation In October As Food Prices, Others Increase
Increases in food prices; housing, electricity and fuel, and three other divisions pushed inflation for the month of October 2022 to 40.4 %.
This means...
Int’l Economist Hits At Gabby For Seeking Praising For Gov’t
A Professor at the Johns Hopkins University, Steve Hanke says Gabby Otchere-Darko, a leading member of the governing New Patriotic Party (NPP) must be...
