Inflation drops to 6-year low

February 14, 2019 The general prices of goods and services in the country fell by 0.4 percentage points to 9 percent, the lowest ever recorded since January 2013 when the rate hit 8.8 percent, making a...

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February 14, 2019 / Comments (0)

Bank of Ghana could cut interest rates by March – Dr. Ernest Addison

December 13, 2018 Ghana could cut interest rates early next year if inflation continues to drift lower, the central bank Governor said on Tuesday. “I can easily see the policy rate going further down,”...

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December 13, 2018 / Comments (0)

Inflation now 9.3%

December 13, 2018 The average change in the prices of goods and services, measured by inflation, had declined to 9.3 per cent in November this year, the lowest in six years. The year-on-year figure for...

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December 13, 2018 / Comments (0)

Stay policy rate over inflation, Cedi scare-Analysts

September 18, 2018 The current depreciation of the cedi and the inching up of inflation will not allow the Monetary Policy Committee (MPC) of the Bank of Ghana to reduce the policy rate this time, economic...

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September 18, 2018 / Comments (0)

Inflation rises to 9.9% in August

September 13, 2018 Inflation for the month of August inched up to 9.9 per cent, 0.3 percentage points higher than the 9.6 per cent recorded for July 2018, the Ghana Statistical Service (GSS) has announced....

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September 13, 2018 / Comments (0)

Inflation drops to 9.6% in July

August 16, 2018 Inflation, the measure of the average change in prices of goods and services, dropped from 10 per cent in June to 9.6 per cent in July. The decrease was influenced by a corresponding...

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August 16, 2018 / Comments (0)

Central bank stays policy rate on inflation scare

July 24, 2018 After inflation inched up for two consecutive months (May and June), the central bank has decided, at its latest monitoring policy meeting, to maintain its policy rate at 17percent, as a...

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July 24, 2018 / Comments (0)

Cedi records mix fortunes

June 19, 2018 The cedi rode on ill sentiments to advance against the British pound and the euro but softened against the US dollar in the holiday-shortened week. While the local currency gained 0.83 per...

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June 19, 2018 / Comments (0)

BoG signals effects policy rate cut in less than 2 years

May 22, 2018 The Monetary Policy Committee (MPC) of the central bank has voted for the sixth time in under 18 months to reduce its policy rate, from 18 to 17 percent, after April’s inflation dropped...

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May 22, 2018 / Comments (0)