BoG maintains policy rate at 13.5% for third time

September 28, 2021 The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 13.5%. The policy rate is the rate at which the Central Bank lends to commercial banks in the...

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September 28, 2021 / Comments (0)

BoG upbeat on inflation outlook despite fiscal risk

August 26, 2021 The Bank of Ghana in its latest inflation outlook has confidently forecasted headline inflation to remain within the medium-term target band of 8±2 percent despite it inching up in the...

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August 26, 2021 / Comments (0)

Inflation inches up to 9% in July

August 18, 2021 Inflation for July inched up to nine (9) per cent, up from the 7.8 per cent recorded in June. This was largely driven by the food sub-sector which contributed 47 per cent to overall...

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August 18, 2021 / Comments (0)

BoG keeps policy rate over increasing debt stock, inflation

July 27, 2021 The Monetary Policy Committee (MPC) of the Central Bank has maintained the policy rate at 13.5 percent, as concerns over rising debt stock and heightened risk to inflation keep dominating...

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July 27, 2021 / Comments (0)

Government urged to help stabilise food prices

July 19, 2021 Prices of major staple foods such as maize, millet and beans in the Eastern Region have moved up in the first two weeks of July 2021, following increases in transport fares. The development...

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July 19, 2021 / Comments (0)

Inflation rate drops further to 7.5% in May; lowest in over a year

June 10, 2021 Ghana has, for the second consecutive time this year, recorded the lowest year-on-year inflation rate. The inflation rate recorded for the month of May 2021 was 7.5 percent, which is one...

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June 10, 2021 / Comments (0)

Policy rate to remain unchanged for 7th consecutive time – Economist predicts

May 31, 2021 Professor of Economics at the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey has predicted that the policy rate will remain unchanged at 14.5...

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May 31, 2021 / Comments (0)

March inflation remains unchanged at 10.3%

April 15, 2021 Figures released by the Ghana Statistical Service (GSS) has shown that the year-on-year inflation rate for March 2021 was same as the 10.3% recorded in February this year. Month-on-month...

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April 15, 2021 / Comments (0)

Inflation drops to 9.8%; lowest rate since COVID-19 began

December 10, 2020 Ghana has for the first time since the outbreak of the novel Coronavirus pandemic in the country recorded a drop in inflation below 10%. The year-on-year inflation rate for November which...

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December 10, 2020 / Comments (0)

Inflation drops to 10.1%; lowest level since March 2020

November 12, 2020 The national year-on-year inflation rate in Ghana has dropped for the third consecutive time falling to 10.1 percent in the month of October. The inflation rate for October is therefore 0.3...

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November 12, 2020 / Comments (0)