November Inflation Drops To 26.4% From 35.2%
For the fourth conservative time, inflation has dropped, recording a rate of 26.4% in November. This represents an 8.8 percentage point decrease from the 35.2 percent recorded in October 2023…..
Tag: Inflation
Government To Borrow ¢94.4Bn Via T-Bills In 2024
Government will borrow ¢94.4 billion via treasury bills in 2024 to finance its expenditure. This includes ¢31.8 billion buffer for auction shortfalls. Analysts believe the government will continue the excess….
T-Bills Auction: Interest Rates Fell For Second Week Running; Government Secures ¢3.748Bn
Interest rates fell for the second week running reflecting the ease in inflation. Inflation went down to 35.20% in the month of October 2023, signaling that the days of rising….
October 2023 Inflation Drops To 35.2 Percent
The year-on year Inflation for the month of October 2023 has dropped to 35.2 percent from the 38.1 percent September 2023. Data from the Ghana Statistical Service showed that the….
We Are Always Ready To Tame Inflation – BoG
The Bank of Ghana has indicated its readiness to respond appropriately to tame inflation should consumer prices go up in the coming months. Speaking at the opening of a regional….
Inflation To Reduce To 26.7% By December, 15% By End Of 2024 – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo is predicting a reduction in the country’s inflation rate by the close of this year, 2023. Inflation is the rate of increase in prices over….
Producer Price Inflation For September 2023 Falls To 25.1%
The Ghana Statistical Service has revealed that the Producer Price Inflation for the month of September has reduced to 25.1%. This is indicative of a 3.1% fall. The month-on-month change….
IMF Lowers Ghana’s Average Inflation For 2023 To 42.2%; End-Year Inflation Estimated At 31.3%
The International Monetary Fund (IMF) has lowered Ghana’s average inflation forecast for 2023 to 42.2% from the earlier 45.4%. It is also forecasting an end-year inflation of 31.3% According to….
World Bank Africa Pulse Report: Ghana’s Inflation 4th Highest In Sub-Saharan Africa
Ghana’s inflation of 40.1% is the 4th highest in Sub-Saharan Africa in 2023, the World Bank October 2023 Africa Pulse Report has revealed. Zimbabwe is 1st with more than 80% inflation and….
Inflation To Trend Downwards In Coming Months – IC Research
Barring any unforeseen shocks, inflation will trend downwards in the coming months. According to IC Research, this is due to a stable exchange rate and the upcoming food harvest season…..