Producer Price Inflation rises sharply — Now at 65.25% in October
THE Producer Price Inflation (PPI) which measures the average change over time in the selling prices of goods and services as…
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Inflation
Fitch Solutions predicts disinflation process for Ghana in 2023; inflation…
International research institution, Fitch Solutions, is forecasting a disinflation process for Ghana throughout next year.
This…
Producer Price Inflation rate surges to 45.6% in September
Wholesale prices rose by 5.9% in September 2022 from August 2022 after a rebasing exercise., the Ghana Statistical Service…
Ghana: August inflation equals 21-year high of 33.9%
Inflation in Ghana reached a 21-year high in August, increasing to 33.9% from 31.7% in July 2022.
The last time inflation hit…
BoG warns inflation may peak later in 2022 due to threat to outlook
The Bank of Ghana (BoG) is forecasting a peak in inflation later this year before trending back towards the medium-term horizon.…
BoG rolls out urgent measures to fight inflation, cedi depreciation
THE Bank of Ghana (BoG) has raised the policy rate by 300 basis points to 22 per cent in a historic move meant to stop growing…
‘If BoG had not intervened inflation would have been 100%’ – Head of UG’s…
Head of Economics Department at the University of Ghana, William Baah-Boateng has commended the Bank of Ghana (BoG) for its swift…
“BoG is fighting inflation from the wrong direction”-CEBRE
The Centre for Economic and Business Research (CEBRE) has urged the Central Bank to take a second look at its approach to fighting…
Bank of Ghana raises policy rate to 22 per cent
The Bank of Ghana (BoG) has raised the policy rate by 300 basis points to 22 per cent in a historic move meant to ease growing…
55 pesewas out of every 1 cedi tax goes to pay Ghana’s debt
OF every cedi collected in tax revenue this year, more than 55 pesewas will be used to service the debt.
When measured against…