Inflation To End 2023 At 25% – BoG
Inflation is likely to peak in the first quarter of 2023, and ease to around 25% by the end of 2023, the Bank of Ghana’s November 2022 Monetary Policy Report….
Tag: Inflation
Inflation Jumps To 50.3% In November 2022, Highest In 27 Years
Inflation went up by 9.9% to 50.3% in the month of November 2022, according to latest figures from the Ghana Statistical Service. This is the highest figure recorded in 27….
Fitch Solutions Predicts Disinflation Process For Ghana In 2023; Inflation To Average 18.7%
International research institution, Fitch Solutions, is forecasting a disinflation process for Ghana throughout next year. This is due to an expected programme from the International Monetary Fund and the stabilisation….
Increase In Food Prices, Others Push October Inflation To 40.4%
Increases in food prices; housing, electricity and fuel, and three other divisions pushed inflation for the month of October 2022 to 40.4 %. This means the cost of credit is….
Consumer Inflation Set To Cross 40% Mark
Consumer inflation is expected to surpass the 40 percent threshold for an accelerated 17th consecutive month due to the local currency’s depreciation, particularly over the past month, as well as….
Over Reliance On Monetary Policy To Fight Inflation, Stabilise Cedi Not Oorking – GNCCI
The Ghana National Chamber of Commerce and Industry (GNCCI) is raising concerns about the excessive reliance on monetary policy by the Bank of Ghana to control inflation and the cedi’s….
Rising Inflation To Continue Posing Risk To Yields On T-bills – Report
The rising inflation will continue to pose an upside risk to yields on Treasury bills and other short-term securities. According to a report by Databank Research, investors will continue demanding….
Use Gold To Control Rising Inflation – Jantuah Tells Govt, BoG
Energy Expert Mr Kwame Jantuah has suggested to the managers of the Ghanaian economy to use gold to control inflation in the country. In his view, Gold has the ability….
Inflation Shoots Up To 33.9% In August 2022; Highest In 21 Years
Inflation shot up to 33.9% in August 2022, the highest in 21 years, data from the Ghana Statistical Service (GSS) has revealed. This is expected to increase the cost of….
Treasury Yields To Increase In Coming Weeks; Inflation To Peak In Quarter 4 – Report
With liquidity constrained and the policy rate of the Bank of Ghana at 22%, yields on treasury bills are expected to go up in the coming weeks. According to Databank….