In a surprise turn of events, the consumer price index inched up in May contrary to the growing expectations of easing price pressures on the back of a stabilizing Cedi.
Disinflationary Path Extends Into Second Quarter
In line with expectations of slowing down inflation numbers, the Consumer Price Index recorded its fourth consecutive decline as price stability gains a footing after a turbulent period last year.
Treasury Rates [April 17, 2023]
Security Interest Rates 91 – Day Bill 19.7444% 182 – Day Bill 22.4709% 364 – Day Bill 26.9585% Treasury bills rates were mixed at this week’s issuance as the yields
Inflation Falls to a 5-Month Low
Expectations of slowing down inflation numbers seem to be becoming a reality with inflation figures over the past three months embarking on a downward trajectory despite the prevalence of upward
Inflation Records its Second Decline in 2023
The year-on-year inflation rate eased for the second time in succession to support moves by the government to drive down the general level of interest rates in the Ghanaian economy.
Inflation in 2023; Light at the End of the Tunnel?
In line with recent global trends, the year-on-year (y-o-y) inflation rate recorded its first decline after months of increases fueled by a troubled Cedi, hikes in the prices of consumer
Inflation Rate Surpasses Target to End 2022 at 54.1%
The rate of inflation soared to surpass the government’s revised end-period headline inflation target of 28.5% as the prices of consumer goods and services continued its upward trajectory. The year-on-year
Inflation Rate Breaks Through 50.0%
The inflation rate in November hit a historic level, breaking past the 50.0% level, as it rose to its highest in more than twenty-five years. The ongoing pressures on the
Inflationary Outlook Continues to Worsen
Ghana’s inflation outlook worsened further with no end in sight after the inflation rate began the last quarter of the year climbing to its highest since March 2001. The annual
Inflation Woes Deepens
Ghana’s inflation outlook suffered another significant headwind as an upward adjustment in utility tariffs coupled with the freefall of the local currency sent the inflation rate to firm up in
Inflation Worsen Further to a 21-Year High
Inflation in August worsened to a more than 20-year high as ongoing monetary policies adopted by the central bank fails to tame stubbornly high inflation numbers. The inflation rate rose
No End in Sight as Inflation Rate Climbs Again
The rate of inflation climbed up once more in July for the fourteenth consecutive time worsening the purchasing power of consumers at a time when the local economy continues to