inflation
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Producer Price Inflation hits 23.6%

June 27, 2024 The year-on-year inflation rate at ex-factory prices for all goods and services was 23.6% in May 2024. This was far higher than the 16.8% recorded in April 2024. The month-on-month producer...

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June 27, 2024 / Comments (0)

Bank of Ghana explains inflation dynamics [video]

May 29, 2024 The Bank of Ghana has embarked on an exercise to explain inflation dynamics. The central bank has also provided some insights into its decisions on determining policy rates. This is...

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May 29, 2024 / Comments (0)

February 2024 inflation slows down to 23.2%

March 13, 2024 Inflation for the month of February 2024 slowed down to 23.2% from 23.5% recorded in January 2024. According to figures from the Ghana Statistical Service, the non-food inflation declined...

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March 13, 2024 / Comments (0)

Inflation to average 18% in 2024 – Fitch Solution

January 31, 2024 Inflation will ease throughout 2024 averaging 18% in 2024, Fitch Solutions has predicted. It insists the easing inflation will force the Bank of Ghana to cut the policy rate by 800 basis...

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January 31, 2024 / Comments (0)

2023 end-of-year inflation stands at 23.2%; lower than revised target of 31.3%

January 10, 2024 The year-on-year inflation for December 2023 has dropped to 23.2 percent from the 26.4 percent recorded in November in the same period. By this, government ended the year with an inflation...

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January 10, 2024 / Comments (0)

Sharp drop in inflation to ease pressure on cedi; one dollar equals ¢12.23

December 19, 2023 The sharp drop in inflation in the month of November 2023 is expected to improve market sentiments and ease the pressure on the cedi in the near term. This is coming after the local...

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December 19, 2023 / Comments (0)

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)