Inflation hits 15.7% high amid global turbulences

March 11, 2022 With global crude oil prices remaining elevated and their pass-through effects on ex-pump petroleum prices, utilities and transport, consumer inflation continued its upward ascent as...

Written by:

March 11, 2022 / Comments (0)

Producer inflation peaks at 15.6% in January

February 23, 2022 Inflation from the producer’s perspective rose to 15.6 percent in January. The producer price inflation (PPI), which tracks price changes from the factory gate, rose from 14.7 percent in...

Written by:

February 23, 2022 / Comments (0)

Taxation vs. Free Market

February 3, 2022 The human was born free and has been free to do business to make a living. However, during this process, society expects compliance with certain standards and regulations to ensure the...

Written by:

February 3, 2022 / Comments (0)

Inflation for November 2021 hits 12.2% – GSS

December 16, 2021 Inflation increases by 1.2 percent from October Inflation hike based on changes in food and non-food basket Highest rate recorded since COVID-19 hit Ghana, GSS The Ghana Statistical...

Written by:

December 16, 2021 / Comments (0)

BoG maintains inflation stance

November 22, 2021 The Bank of Ghana has maintained its stance on consumer inflation, projecting it to remain within the medium-term target of 8 percent with a band of ±2 percent in the near-term – barring...

Written by:

November 22, 2021 / Comments (0)

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...

Written by:

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...

Written by:

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...

Written by:

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...

Written by:

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...

Written by:

July 19, 2021 / Comments (0)