ALL POSTS FILED UNDER: INFLATION
Bank of England vows to bring down inflation
Add a CommentThe Bank of England has hinted at further interest rate rises as it vows to bring inflation back down to 2%. The central bank’s focus was getting prices down and making life more affordable again, its chief economist Huw Pill … Read more →
BoG optimistic of lower inflation rate in coming months
Add a CommentRegardless of the hike in inflation rate in recent months, the Bank of Ghana is optimistic prices of goods and services will come down in the coming days, weeks and months. This pledge is coming after increases in transportation fares … Read more →
Inflation hits 27.6% in May
Add a CommentGhana’s Consumer Price Inflation accelerated to 27.6% year-on-year in May from 23.6% in April hitting a new 18-year high, the Statistical Service said on Wednesday, June 8, 2022. This means that in the month of May 2022, the general price … Read more →
Inflation climbs up to 12.2%
Add a CommentTHE NATIONAL year-on-year inflation rate was 12.2% in November 2021, which is 1.2 percentage points higher than the 11.0% recorded in October 2021. The Ghana Statistical Service (GSS) which made this known said the month-on-month inflation between October and November … Read more →
Inflation falls marginally to 11.2% in June
Add a CommentThe year-on-year inflation rate was 11.2 per cent in June 2020, which is 0.1 percentage points lower than the May record of 11.3 per cent. The monthly change rate for June 2020 was, however, 1.0 per cent. “Even though year-on-year … Read more →
Inflation rises to 7.7% in October from a historic low
Add a CommentGhana’s inflation rate rose in October but is within the central bank’s medium term target of 8±2. The consumer price inched up to 7.7% in October from 7.6% in September. The 7.6 inflation recorded in September was the lowest … Read more →
Inflation drops to 10.4%
Add a CommentThe Inflation rate for March 2018 is 10.4 per cent, a drop of 0.2 per cent from the 10.6 per cent recorded in February last year, Acting Government Statistician, Baah Wadieh, has announced.At a press conference in Accra on Wednesday, … Read more →
Inflation inches up to 10.6%
Add a CommentYear-on-year inflation inched up by 0.3 percent to 10.6 percent in February 2018, the Ghana Statistical Service has revealed. The margin of increase indicates that interest rates might not change. According to figures, the monthly change rate for February 2018 … Read more →
Ghana’s Inflation inches up to 11.8%
Add a CommentThe year-on year inflation rate for December 2017 was 11.8% compared to 11.7% recorded in November 2017, the Ghana Statistical Service (GSS) has noted. Baah Wadieh, Government Statistician, who disclosed this Wednesday at a press conference in Accra, said the … Read more →
Inflation falls to 11.6% in October
Add a CommentGhana’s annual consumer price inflation fell to 11.6% in October from 12.2% the previous month on the back of lower transport and health costs, the statistics office said on Wednesday. The major commodity exporter is following a $918 million credit … Read more →
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