Inflation rate drops to 20.9%

August 21, 2024 The inflation rate for the month of July dropped to 20.9%, the Government Statistician Professor Samuel Annim announced on Wednesday, August 14. This marks the fourth consecutive month of...

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August 21, 2024 / Comments (0)

Inflation expected to reach 15% by end of 2024 – Amin Adam

August 7, 2024 Finance Minister and Member of Parliament for Karaga, Dr. Mohammed Amin Adam, has projected that Ghana’s inflation rate will reach 15% by the end of 2024. Speaking during a town hall...

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August 7, 2024 / Comments (0)

Inflation to end year at 19.3%–21.3% – Report

August 6, 2024 Research firm, IC Research is raising its 2024 annual inflation forecast by 340 basis points to between 19.3% and 21.3%. This is due to the upside risk to inflation in the second half of...

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August 6, 2024 / Comments (0)

Government revises some key macro targets in Mid-Year Budget; maintains end of year inflation at 15 percent

July 24, 2024 Government has announced some key revisions to the country’s macroeconomic fiscal targets for 2024. Presenting the Mid-year Budget in parliament on July 23, 2024, Finance Minister,...

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July 24, 2024 / Comments (0)

June 2024 inflation marginally declines to 22.8%

July 10, 2024 Inflation for the month of June has marginally declined to 22.8 percent. This represents a decline of 0.3 percentage points from that of the month of May which was at 23.1 percent....

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July 10, 2024 / Comments (0)

April 2024 inflation declines marginally to 25.0%

May 8, 2024 Inflation for the month of April 2024 declined marginally to 25.0% from the 25.8% percent recorded in March 2024. By this, the rate of inflation for the month of April 2024 slowed by 0.8%....

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May 8, 2024 / Comments (0)

Inflation to decline to 24.6% in April 2024 – Report

April 24, 2024 Inflation is expected to decline to 24.6% year-on-year in April 2024, from 25.8% recorded in March 2024, IC Securities has disclosed. However, the month-on-month inflation will increase to...

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April 24, 2024 / Comments (0)

Inflation to inch up to 23.9% in February 2024

March 4, 2024 Inflation will inch up for the second month running by about 40 basis points to 23.9% in February 2024. According to IC Research, it foresees upside risk to inflation over the next two...

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March 4, 2024 / Comments (0)

Inflation jumps to 23.5% in January 2024

February 14, 2024 Ghana’s inflation witnessed a marginal uptick from 23.2 to 23.5 percent for January 2024. This marks a reversal of the consecutive declines recorded between July and December 2023. This...

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February 14, 2024 / Comments (0)

Inflation falls to 26.4% in November 2023

December 14, 2023 Inflation fell significantly to 26.4% in November 2023 from 35.2% recorded in October 2023. According to figures from the Ghana Statistical Service, food inflation was the major contributor...

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December 14, 2023 / Comments (0)