BoG to commence monetary policy easing in quarter 4; inflation to fall further – Fitch Solutions

May 26, 2023 The Bank of Ghana will commence a monetary easing cycle in the 4th quarter of 2023, cutting the policy rate by 200 basis points (bps) to 27.50% by end-2023. According to Fitch...

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May 26, 2023 / Comments (0)

March 2023 inflation falls sharply to 45%

April 12, 2023 Inflation for March 2023 has fall sharply to 45% . This was influenced by some deflation recorded by the Food and non-alcoholic beverages group. The drop is significant due to the level of...

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April 12, 2023 / Comments (0)

Inflation in Ghana, 2 others to stay above 50% in 2023; will accelerate by over 3% – World Bank

April 5, 2023 Inflation in Ghana, Uganda, and Burundi is expected to accelerate by more than 3 percentage points in 2023 from last year. This means inflation will stay above 50% this year. Inflation...

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April 5, 2023 / Comments (0)

Inflation could fall sharply to below 40% by April 2023 – REDD Intelligence Senior Analyst

March 22, 2023 Inflation could fall sharply to below 40% by April 2023. According to a Senior Credit Research Analyst at REDD Intelligence, Mark Bohlund, his base effects analysis indicate that inflation...

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March 22, 2023 / Comments (0)

Fitch Solutions forecasts average inflation of 33.4% for Ghana in 2023

January 19, 2023 International research institution and market information firm, Fitch Solutions, has reiterated a disinflationary process for Ghana in 2023, forecasting an average inflation of 33.4%....

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January 19, 2023 / Comments (0)

Interest rates remain unchanged as government T-bills oversubscribed by 52%

January 18, 2023 Interest rates remained stable despite the government achieving more than 52% oversubscription of Treasury bills sale. According to the latest auction results, government obtained ¢1.72...

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January 18, 2023 / Comments (0)

Headline inflation has peaked – IMF Deputy Boss

January 18, 2023 Gita Gopinath, the International Monetary Fund’s Deputy Boss had said that headline inflation has probably peaked but some of “the more sticky components” such as the services sector...

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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)

Ofori-Atta: $3bn IMF deal will help tackle inflation, strengthen cedi

December 14, 2022 The Finance Minister, Ken Ofori-Atta, has hailed the Staff-level Agreement with the International Monetary Fund for a new three-year arrangement under the Extended Credit Facility (ECF) of...

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December 14, 2022 / Comments (0)

Inflation, interest rates impact negatively on GSE in November 2022 – Report

December 8, 2022 Increasing inflation and interest rates continued to impact on the Ghana Stock Exchange’s fixed income market (GFIM) as yields continued to rise during November 2022. According to the...

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December 8, 2022 / Comments (0)