The rate of inflation defied the government’s revised year-end inflation target as the prevalence of underlying risks to the inflation outlook pushed the consumer price index to record its fourth
Inflation Pushes Further Up to a Six-Month High
In line with expectations, the consumer price index nudged up for the third consecutive time in November as increased consumer spending as the wraps up culminated in upward price pressures.
Price Pressures Pushes Inflation Up Again at the Start of the Last Quarter
The consumer price index nudged up at the start of the last quarter of the year to signal upward price pressures as the year draws to a close. According to
Year-End Price Pressures Pushes September Inflation to 21.5%
Inflation halted its easing cycle which had persisted over the six months as a resurgence of price pressures pushed the inflation rate to its highest since June 2024 after the
Inflation Falls to a Two-Year Low in August
The rate of increase in the general price levels of consumer goods and services recorded a dip in August 2024 relative to the price levels in the same period last
Inflation Inches Further Down into the Third Quarter
Inflation continued its downward trend into the start of the third quarter of the year as the rate of inflation recorded its fourth consecutive dip in July despite concerns about
Inflation Closes First Half of the Year at 22.8%
The rate of inflation recorded its third successive dip to close the first half of the year at its lowest in more than two years as the Cedi’s struggles continue
Inflation Falls to a 25-Month Low in May
Inflation fell for the second consecutive time in May from a 2024 year high of 25.8% in March on the back of a significant decline in the annual inflation reading
Inflation Begins Second Quarter at 25.0%
Inflation extended its choppy performance as it began the second quarter of the year dipping from a four-month high as the ongoing hikes in the prices of food stuff coupled
Inflation Rises to a Five Month High in March
The local unit’s struggles against some of its international trading partner currencies coupled with soaring food prices on the back of delayed harvest pushed up the annual inflation rate to
Inflation Eases Back to 23.2% in February
Expectations of a reverse in the recent disinflation environment received a headwind as inflation in February eased down marginally to the level observed at the close of last year. The
Inflation Inches Up Marginally in January 2024
After months of a steady decline in the inflation rate, with the rate of inflation undergoing a sharp decline from a more than 20-year high to close the year 2023