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Bank of Ghana

Ghana stays its benchmark lending rate at 16 pct, to check inflation

In its bid to sustain growth in the economy and hold inflation in check, the Monetary Policy Committee (MPC) of Ghana’s central bank...
inflation

Inflation Rate Shoots Up Slightly to 9.5 percent

The year-on-year inflation rate rises slightly to 9.5 per cent in April from 9.3 per cent in March on account of increases in inflation...
inflation

Local currency depreciation pushes up Ghana’s March 2019 inflation

Annual Inflation, the measure of the rate of change in prices of consumer goods and services over a period of time inched up 0.1...
inflation

Inflation Rate Shot Up to 9.3% in March

The year-on-year inflation rate for March 2019 inched up to 9.3 per cent in March, up 0.1 percentage point from the previous rate of...
inflation

Ghana’s Inflation Rate for February Edged Higher

The year-on year inflation rate measured by the Consumer Price Index (CPI) for February 2019 was 9.2 per cent, up by 0.2 per cent...
inflation

Zambia’s year-on-year inflation recorded at 7.9 percent in January

Zambia's year-on-year inflation, as measured by the all items Consumer Price Index (CPI), was recorded at 7.9 percent in January, its statistics agency said...
producer-inflation

Ghana: 2018 Inflation ended at 9.4 percent

The year-on-year inflation rate ended December 2018 at 9.4 per cent, up 0.1 percentage point from the 9.3 per cent recorded in November 2018,...
inflation

Ghana: inflation for June shoots up to 10%

Annual consumer inflation rate for Ghana inched up 0.2 percentage points to record 10 percent year-on-year in the month of June, relative to the...
inflation

Ghana’s April industry inflation increases to 6.4 percent

Relatively better global prices for gold and higher ex-factory prices for basic metals locally drove up annual industry inflation for April to 6.4 percent...
inflation

Economists Endorses Ghana’s Inflation Outlook Stability

The stability in inflation outlook lately is good for the local economy and brings more hope to local businesses, economist Collins Appiah told Xinhua...
Inflation

Namibia’s overall inflation remains pegged at 3.5 percent in March

Namibia's annual inflation rate stood at 3.5 percent during March 2018, similar to the February rate, according to the country's central bank. The Bank of...
inflation

Ghana’s Consumer Inflation for December Stood At 11.8%

Ghana's consumer price inflation inched up 0.1 percentage points to 11.8 percent year-on-year in December, from 11.7 percent in the previous month, the Ghana...
producer-inflation

Ghana Nov. headline inflation rises to 11.7 pct

Headline inflation for November inched up 0.1 percentage point to 11.7 percent in Ghana relative to the 11.6 percent recorded in October, the national...
Bank of Ghana

Bank of Ghana cut benchmark interest rate

The Monetary Policy Committee of the Bank of Ghana has cut its benchmark interest rate by 100 basis points to 20 per cent from...
capital markets

Higher petroleum, gold prices push up Ghana’s PPI to 8.2 percent in October

Higher cost of petroleum products and higher gold prices on the world market pushed up Ghana's Producer Price Index (PPI) in October to 8.2...
inflation

Namibia’s inflation eases to 5.2 percent in October

Namibia's consumer inflation fell to 5.2 percent in October on a yearly basis, down from 5.6 percent in the previous month, the Namibia Statistics...
inflation

Annual Consumer Price Inflation Falls

The annual consumer price inflation fell to 11.6 per cent in October from 12.2 per cent in September, while the monthly change rate in...

Consumer inflation slips further in October to 11.6 percent in Ghana

Annual consumer inflation in Ghana in October slipped 0.6 percentage points to 11.6 percent, down from September's 12.2 percent, Ghana Statistical Service (GSS) has...
Eurozone inflation

Ghana’s September consumer inflation marginally down

Ghana's inflation rate in September decreased marginally by 0.1 percentage points to 12.2 percent year-on-year, compared with 12.3 percent in August, Ghana Statistical Service...
inflation trending

Worrying inflation and the resolve to hold it at 20%

The Bank of Ghana is likely to keep its key rate above 20% well into next year as inflation exceeds its target and economic...
inflation

Kenya’s overall inflation eases to 7.06 percent in September

Kenya's overall inflation rate dropped slightly to 7.06 percent in September from 8.04 percent in the previous month due to falls in some food...
Customers peruse goods at Makola market in Accra, Ghana, June 15, 2015.Francis Kokoroko/File Photo

July 2017 inflation slides to 11.9 percent in Ghana

Consumer Inflation which measures the rate of change in the prices of consumer goods and services slid in Ghana by two percentage points to...
Inflation

Relief as inflation in Tanzania’s Zanzibar falls to 4.1 percent

Commodity prices have dropped in Tanzania's semi-autonomous Zanzibar archipelago from 5.4 percent in June to 4.1 percent in July, this year, a senior official...
inflation

Economists highly confident of single digit inflation in 2018

Some economists are positive Ghana will attain single digit inflation by next year. According to them, key indicators such as declining inflation and other fiscal...
inflation

Ghana’s inflation slows further to 12.1 percent in June

Inflation slowed further by 0.5 percentage points to 12.1 percent year-on-year in June, relative to the 12.6 percent recorded a month earlier, Ghana Statistical...
inflation

Ghana’s consumer price inflation down from 12.6% to 12.1%

Ghana's annual consumer price inflation fell to 12.1 percent in June from 12.6 percent the previous month, driven lower by falling food and petroleum...
inflation

Ghana May 2017 inflation dips to 12.6 percent

The Ghana Statistical Service (GSS) announced here on Wednesday that inflation rate for the country dipped 0.4 percentage points to 12.6 percent year-on-year in...
inflation

Inflation rate: month of April holds 13 per cent increment

The year-on-year inflation rate went up slightly in April to 13.0 per cent, up by 0.2 percentage points, compared with the 12.8 per cent...

Fill Text Of Ghana’s President May Day Speech

Below is the full text of President Nana Addo Dankwa Akufo-Addo’s maiden May Day Address at the Independence Square in Accra as obtained by...
Inflation

Higher Petroleum And Gold Price Increase Inflation

The year-on-year inflation from the Producer Price Index (PPI) for all industry rose to 6.0 per cent in March 2017, from the 5.4 per...