Record low inflation won’t cut policy rate

September 20, 2019 Despite data from the Ghana Statistical Service (GSS) showing that inflation has hit a record low after rebasing, breaking a 27-year record, it will not be enough grounds for the Monetary...

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September 20, 2019 / Comments (0)

Statistical Service releases rebased Consumer Price Index

September 19, 2019 The Ghana Statistical Service (GSS) has released the first rebased Inflation rate since the change in the formula for calculating the rate of increase in the price levels of goods and...

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September 19, 2019 / Comments (0)

June inflation drop makes case for policy rate cut

July 11, 2019 The general price levels of goods and services, for the second time since beginning of the year, has seen another drop – making a strong case for the central bank to consider a policy...

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July 11, 2019 / Comments (0)

Inflation drops marginally for first time in 2019

June 14, 2019 The general price levels of goods and services has dropped marginally for first time since beginning of the year, the Ghana Statistical Service (GSS) data have shown. The GSS release,...

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June 14, 2019 / Comments (0)

President Akufo Addo hints at adjusting tax exemptions

February 25, 2019 President Nana Addo-Dankwa Akufo-Addo has expressed worry over the burden tax exemptions granted foreign companies and individuals place on the economy, saying they are no longer...

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February 25, 2019 / Comments (0)

Inflation drops to 6-year low

February 14, 2019 The general prices of goods and services in the country fell by 0.4 percentage points to 9 percent, the lowest ever recorded since January 2013 when the rate hit 8.8 percent, making a...

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February 14, 2019 / Comments (0)

Government awaits validated indicators to fully exit IMF

December 14, 2018 Government is awaiting validated macro-indicators or indices from the Statistical Service before it can fully wean itself from the IMF’s three-year extended credit facility programme, a...

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December 14, 2018 / Comments (0)

Quarter-2 GDP comes in at 5.4%

October 18, 2018 Gross Domestic Product, a measure of the value of goods and services produced within a period, grew by 5.4 in the second quarter of 2018 – a sharp drop from the 11.1 percent recorded in...

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October 18, 2018 / Comments (0)

Ghana’s economy now valued at GH¢256.6 billion

October 1, 2018 Ghana’s economy is now valued at GH¢256.6 billion after the rebasing of gross domestic product (GDP) based on measurements from 2013 instead of 2006. This is the second time in less than...

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October 1, 2018 / Comments (0)

Inflation drops to 9.6% in July

August 16, 2018 Inflation, the measure of the average change in prices of goods and services, dropped from 10 per cent in June to 9.6 per cent in July. The decrease was influenced by a corresponding...

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August 16, 2018 / Comments (0)