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Ghana’s surprise uptick in inflation may see rate hikes return

Ghana’s inflation rate unexpectedly rose for the first time in five months in May as food prices soared, adding pressure on the central bank...

Producer inflation falls marginally to 52.1% in January 2023

The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. Data from the Ghana Statistical Service, Mining...

Ghana’s inflation for October hits 40.4%

The national year-on-year inflation rate was 40.4% in October 2022 which is 3.2 percentage points higher than the recorded 37.2% in September...

World Bank: Ghana ranks 1st with highest food price increases of...

Ghana is ranked 1st by the World Bank with the highest food prices in Sub-Saharan Africa in 2022. According...

Bank of Ghana raises policy rate to 22% amidst soaring inflation

The Bank of Ghana (BoG) has raised the policy rate by 300 basis points (bp) to 22 per cent in a historic...

Currency slump spawns surprise jump in Ghana’s inflation rate

Ghana's annual inflation rate climbed to 31.7% in July, authorities have said. According to the Ghana Statistical Service, the...

July 2021 inflation inches up at 9.0%

The Year-on-year inflation rate for July stood at 9.0 per cent compared to 7.8 per cent in June, the Government Statistician Professor...

Ghana ended 2019 with 7.9% inflation

Ghana beat the government’s inflation target for 2019 as food-price growth eased. Annual inflation slowed to 7.9% in...

Ghana inflation rate jumps to four-month high

Ghana’s inflation rate rose to the highest level in four months in November as the cedi continued to weaken.

Ghana’s inflation drops to 7.8% in August

The inflation rate for August 2019 was 7.8 per cent, the Ghana Statistical Service (GSS) has announced. Acting Government...