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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)

Debt-to-GDP ratio down to 76.6 % on improved economic growth figures

May 4, 2022 Following the higher-than-projected Gross Domestic Product (GDP) figures announced by the Ghana Statistical Service (GSS), key economic indicators which are expressed as a ratio of GDP will...

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May 4, 2022 / Comments (0)

Food inflation maintains dominance

April 21, 2022 INFLATION for food and non-alcoholic beverages has maintained and deepened its dominance over non-food inflation for the second month running. Figures released by the Ghana Statistical...

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April 21, 2022 / Comments (0)

Inflation hits 15.7% high amid global turbulences

March 11, 2022 With global crude oil prices remaining elevated and their pass-through effects on ex-pump petroleum prices, utilities and transport, consumer inflation continued its upward ascent as...

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March 11, 2022 / Comments (0)

Manufacturing, trade sectors inspire hope in economy’s recovery

February 24, 2022 The Business Tracker survey has revealed that the country’s manufacturing and trade sectors, which were hit hard by the pandemic, have almost fully recovered as both saw an appreciable...

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February 24, 2022 / Comments (0)

Ghanaian businesses recovering from COVID-19 shocks – Business Tracker reveals

February 23, 2022 New data from the COVID-19 Business Tracker survey results has revealed that businesses in Ghana are continuing a recovery from the shocks caused by the COVID-19 pandemic. The third...

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February 23, 2022 / Comments (0)

2021 revised economic growth target achievable – Analysts

January 18, 2022 Market analysts have expressed optimism that government will meet its revised 2021 growth target for the economy, given the strong growth in the third quarter of last year on the back of...

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January 18, 2022 / Comments (0)