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Inflation falls to 41.2% in April 2023

May 10, 2023 Year-on-year inflation fell for the 4th month running to 41.2% in April 2023, from 45% in March 2023, extending the disinflation process since January 2023. According to the Ghana...

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May 10, 2023 / Comments (0)

Economy expands by 3.1% in 2022 – GSS

April 19, 2023 Provisional estimates from the Ghana Statistical Service indicates that Ghana’s economy expanded by 3.1% in 2022, 0.6% lower than 3.7% forecast by the government. This is below Ghana’s...

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April 19, 2023 / Comments (0)

Producer Price Inflation falls to 50.8% in February 2023

March 22, 2023 The Producer Price Inflation, which measures the average change over time in the prices received by domestic producers to produce their goods and services, fell to 50.8% in February 2023,...

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March 22, 2023 / Comments (0)

February 2023 inflation slows to 52.8% to sustain downward trend

March 15, 2023 Year-on-year Inflation for the month of February 2023 slowed down to 52.8%, the Ghana Statistical Service has pointed out. This is a reduction from the January 2023 estimate of 53.6%, which...

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March 15, 2023 / Comments (0)

Producer inflation falls marginally to 52.1% in January 2023

February 22, 2023 The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. According to data from the Ghana Statistical Service, the Mining and...

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February 22, 2023 / Comments (0)

Inflation falls marginally to 53.6% in January 2023

February 15, 2023 Inflation fell marginally to 53.6% in January 2023, from 54.1% recorded in December 2022, latest data from the Ghana Statistical Service has revealed. This is the first time in 19 months...

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February 15, 2023 / Comments (0)

Producer inflation falls by 25.7% to 52.3% in December 2022

January 18, 2023 The year-on-year inflation rate at factory gate prices for all goods and services fell to 52.3 % in December 2022, from 78.0% recorded in November 2022, data from the Ghana Statistical...

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January 18, 2023 / Comments (0)

Inflation ends 2022 at record 54.1%; lending rates to remain high

January 11, 2023 Inflation shot up by 3.8% to end 2022 at 54.1%, data from the Ghana Statistical Service (GSS) has revealed. Despite a strong improvement in the value of the cedi and a reduction in the...

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January 11, 2023 / Comments (0)

High inflation, cedi fall only temporary – BoG

October 21, 2022 Amid high inflation and a fast-depreciating local currency which have caused turmoil in the economy this year, Second Deputy-Governor of the Bank of Ghana (BoG) Mrs. Elsie Addo Awadzi has...

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October 21, 2022 / Comments (0)

Transport fares take toll on inflation as it hits 23.6% in April

May 12, 2022 The pass-through effect of the 15 percent increase in transport fares has taken a heavy toll on the general prices of goods and services, as inflation shot through the roof in April. Data...

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May 12, 2022 / Comments (0)