In a surprise turn of events, the consumer price index inched up in May contrary to the growing expectations of easing price pressures on the back of a stabilizing Cedi.
Inflation Rate Surpasses Target to End 2022 at 54.1%
The rate of inflation soared to surpass the government’s revised end-period headline inflation target of 28.5% as the prices of consumer goods and services continued its upward trajectory. The year-on-year
Inflation Rate Breaks Through 50.0%
The inflation rate in November hit a historic level, breaking past the 50.0% level, as it rose to its highest in more than twenty-five years. The ongoing pressures on the
Treasury Rates [November 14, 2022]
Security Interest Rates 91 – Day Bill 34.3945% 182 – Day Bill 35.4992% 364 – Day Bill 35.0768% Treasury yields this week went further up from previous week’s levels in
Inflationary Outlook Continues to Worsen
Ghana’s inflation outlook worsened further with no end in sight after the inflation rate began the last quarter of the year climbing to its highest since March 2001. The annual
Treasury Rates [October 24, 2022]
Security Interest Rates 91 – Day Bill 32.1554% 182 – Day Bill 33.0785% Short-term Government of Ghana Treasury yields were up this week on expectations of higher inflation numbers after
Treasury Rates [October 17, 2022]
The yields on the government’s short-term Treasury bills were up this week from the previous week’s levels in line with the recent inflation print. The inflation rate firmed up at
Inflation Woes Deepens
Ghana’s inflation outlook suffered another significant headwind as an upward adjustment in utility tariffs coupled with the freefall of the local currency sent the inflation rate to firm up in
Currency News [September 19, 2022]
The Cedi came under heavy pressure on the Bank of Ghana’s (BoG) inter-bank trading platform ahead of a slew of central bank meetings this week which is expected to see
Inflation Worsen Further to a 21-Year High
Inflation in August worsened to a more than 20-year high as ongoing monetary policies adopted by the central bank fails to tame stubbornly high inflation numbers. The inflation rate rose
Treasury Rates [September 12, 2022]
Security Interest Rates 91 – Day Bill 29.4838% 182 – Day Bill 31.0530% Ahead of the release of inflation numbers for August, short-term Government of Ghana Treasury bill rates stayed
No End in Sight as Inflation Rate Climbs Again
The rate of inflation climbed up once more in July for the fourteenth consecutive time worsening the purchasing power of consumers at a time when the local economy continues to