inflation rate
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Inflation increases marginally to 43.1% in July 2023

August 9, 2023 Year-on-year inflation shot up marginally to 43.1% in July 2023, from 42.2% recorded in June 2023. According to figures from the Ghana Statistical Service, the rising Food and Non-Alcoholic...

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August 9, 2023 / Comments (0)

Inflation rate for June goes up marginally

July 12, 2023 Inflation rate has gone up marginally to 42.5 percent in June 2023, from the 42.2 percent recorded in the month of May 2023. This was announced by the Ghana Statistical Service (GSS) on...

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July 12, 2023 / Comments (0)

EIU reaffirms Ghana’s end-year inflation rate of 38.1% on average

July 11, 2023 Economist Intelligence Unit (EIU) is reaffirming its end-year inflation rate of 38.1% on average for Ghana in 2023. This means some prices of goods and services will remain high this year....

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July 11, 2023 / Comments (0)

Upward inflation to linger over next 2 months – Report

June 20, 2023 The upward Inflation is expected to linger over the next two months, as a result of the implementation of the three new taxes in May 2023. The taxes – Excise Duty and Excise Tax Stamp...

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June 20, 2023 / Comments (0)

Inflation for May 2023 increases marginally to 42.2%

June 14, 2023 The year-on-year Inflation for May 2023 jumped to 42.2% from 41.2 % recorded in April 2023. The marginal increase was largely influenced by a spike in Food Inflation during the period....

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June 14, 2023 / Comments (0)

BoG to continue with policy rate hikes to fast track inflation decline

May 10, 2023 The Bank of Ghana (BoG) has indicated that it may hike again the monetary policy rate to help bring inflation down faster. The Central Bank argued that “the current inflation rate remains...

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May 10, 2023 / Comments (0)

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)

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)

Inflation likely to peak in quarter 1, 2023 – BoG affirms position

February 20, 2023 The Bank of Ghana has reiterated that inflation is likely to peak in the first quarter of 2023 and gradually ease thereafter. However, headline inflation is projected to remain above the...

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February 20, 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)