ALL POSTS FILED UNDER: INFLATION
Inflation for October up slightly to 22.1%
Add a CommentThe inflation rate for October 2024 has gone up marginally to 22.1%, compared to 21.5% in September. The government’s statistician, Prof. Samuel Kobina Annim told the media in Accra on Wednesday that this is driven by increases in both food and … Read more →
Inflation rate drops 20.4%
Add a CommentThe inflation rate for the month of August has dropped marginally to 20.4% from 20.9% recorded in July. According to the Ghana Statistical Service, the marginal slowdown in the rate of inflation from August last year compared to August 2024 … Read more →
Inflation to end 2024 between 15% and 18% – Deloitte
Add a CommentGhana’s inflation is expected to decline to between 15% and 18% by the end of 2024, Deloitte has revealed in its West Africa Economic Outlook. It is expected to decline further in 2025, reaching below 10.0% in 2026 all things … Read more →
Inflation drops to 22.8% in June
Add a CommentThe latest update from the Ghana Statistical Service (GSS) has revealed a significant decline in the country’s inflation rate for the month of June, with figures dropping to 22.8%. This statistical data, as announced by the Government Statistician, Professor Samuel … Read more →
IMF projects single-digit inflation of 8% for Ghana by end of 2025
Add a CommentThe International Monetary Fund, IMF is projecting that Ghana will return to single-digit inflation by the end of 2025. The IMF in its Economic Outlook Report is forecasting an end-of-year inflation rate of 8 percent for Ghana. The forecast might … Read more →
Inflation hits 23.5%
Add a CommentInflation went up marginally in January 2024 to 23.5% as it resumed the upward trajectory, data from the Ghana Statistical Service has revealed. This follows five consecutive months of decline. Inflation stood at 23.2% in December 2023. According to the … Read more →
Inflation drops to 23.2% from 26.4% in December
Add a CommentAccording to the latest data released by the Ghana Statistical Service on Consumer Price Index (CPI) on Wednesday, January 10, 2024, inflation in the country has dropped for the fifth consecutive month, recording a rate of 23.2% for December 2023. … Read more →
Western Region records highest inflation in month of November
Add a CommentFor the fourth conservative time, inflation has dropped, recording a rate of 26.4% in November. This represents an 8.8 percentage point decrease from the 35.2 per cent recorded in October 2023. According to the Consumer Price Index (CPI) data released … Read more →
Inflation in Ghana drops to 26.4% in November
Add a CommentFor the fourth consecutive month, Ghana has experienced a declining inflation rate, reaching 26.4% in November – an 8.8-percentage-point decrease from the 35.2% recorded in October 2023. This month-on-month reduction of 8.8% represents the most significant drop recorded in Ghana … Read more →
Inflation drops to 40.1%
Add a CommentThe Ghana Statistical Service (GSS) has announced 40.1 percent as the inflation rate for the month of August. This is a whopping 3.0 percent drop from the rate recorded in July. Announcing the consumer price index (CPI) and rate of … Read more →
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