Inflation rate for September drops to 7.6%

October 17, 2019 Inflation for the month of September was 7.6 percent, the Ghana Statistical Service (GSS) has reported. According to the national data compilation body, although the rate indicated a...

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October 17, 2019 / Comments (0)

Ghana’s economy in good shape — IMF

October 11, 2019 The International Monetary Fund (IMF) has given Ghana’s economy a clean bill of health.  According to the fund, Ghana’s economy remained stable and projected a seven per cent...

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October 11, 2019 / Comments (0)

Except NIB, all 5 GAT banks now fully capitalised…..Policy rate again maintained at 16%

September 24, 2019 With exception of the National Investment Bank (NIB), all banks operating in the country have now met the GH¢400million capitalisation as the banks under government’s bail-out plan have...

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September 24, 2019 / Comments (0)

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)

BoG woo investors to the financial sector

May 6, 2019 The Bank of Ghana (BoG) has said the current macro-economic gains coupled with recent regulatory changes introduced to the financial sector provides several opportunities for investors to...

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May 6, 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)

Bank of Ghana could cut interest rates by March – Dr. Ernest Addison

December 13, 2018 Ghana could cut interest rates early next year if inflation continues to drift lower, the central bank Governor said on Tuesday. “I can easily see the policy rate going further down,”...

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December 13, 2018 / Comments (0)