Policy Rate To Be Maintained At 30% – GCB Capital
Ahead of the announcement of a policy rate on Monday September 25, 2023, GCB Capital expects the Monetary Policy Committee [MPC] of the Bank of Ghana to maintain the policy….
Tag: Inflation
Reducing Inflation: Leverage Numerous Warehouses To Store Excess Food – Prof Peprah
Associate Professor of Finance at Andrews University in Michigan, Professor Williams Kwasi Peprah has called on government to leverage its numerous warehouses in the country to store the excess food….
Market Anticipates Further Inflation Pressure In August
As the clock ticks toward the release of August 2023 inflation figures today, there is growing anticipation that headline inflation will extend its upward trajectory for the fourth consecutive month….
Ghana’s Inflation To Remain Above 44.7% Until 2024 – AfDB Report
Ghana’s inflation rate is expected to anchor above 44.7 percent until the year 2024, this is the projection from the African Development Bank. The Bank in its recently released West….
Inflation Outlook For August 2023 Could Prompt Further Policy Action
The economy is bracing itself for another surge in headline inflation come August 2023, with market watchers pointing to the likelihood of additional monetary tightening measures by the Bank of….
Ghana’s Inflation For July Increases To 43.1%
Ghana’s inflation for July 2023 has increased to 43.1% from 42.3% in June this year. This means that the cost of goods and services has increased by 43% over the….
Input Cost Inflation Slows Again In July
Business conditions in Ghana continued to improve as the second half of the year got underway, with a further softening of cost pressures helping to support demand. Overall input prices….
Inflation, Fuel Prices Are Holding Relatively Stable; Support Govt’s Recovery Efforts – Ahiagbah
The Director of Communications for the New Patriotic Party (NPP) Richard Ahiagbah has said things are gradually getting better with the economy. He indicated that inflation rate is slowing, and….
Government Advised To Assess Surging Prices Of Food As Inflation For June 2023 Increases Marginally To 42.5%
The Government Statistician, Prof. Samuel Kobina Annim has advised policy makers to take a critical look at factors contributing to the increase of food inflation. He pointed out that food….
Urgently Work With BoG To Address High Inflation; Expand Tax Net Instead Of Introducing New Ones – GNCCI To Government
The Ghana National Chamber of Commerce and Industry (GNCCI) is calling on the government to urgently work with the Bank of Ghana to find innovative ways of addressing the high….