Inflation fell for the second consecutive time in May from a 2024 year high of 25.8% in March on the back of a significant decline in the annual inflation reading
Inflation Begins Second Quarter at 25.0%
Inflation extended its choppy performance as it began the second quarter of the year dipping from a four-month high as the ongoing hikes in the prices of food stuff coupled
Inflation Rises to a Five Month High in March
The local unit’s struggles against some of its international trading partner currencies coupled with soaring food prices on the back of delayed harvest pushed up the annual inflation rate to
Currency News [May 16, 2022]
The local currency traded mixed against a set of trading partner currencies this week as the world continues to grapple with stubbornly high inflation numbers with Ghana having its share
Inflation Rate Soars to 9.7% in August
The inflation rate drifted towards the upper bound of the central bank’s medium-term inflation target band of 8.0% ± 2.0% as inflation figures in the traditionally lower-inflation zones of the
Inflation Rate Climbs to 9.0% in July
The rate of inflation rose for the second consecutive month in July as prices of food items, utilities, and transport mounted an upward pressure on consumer prices. The inflation rate
Inflation Closes the First Half of the Year at 7.8%
The inflation rate for June climbed up to end months of a downward streak as price pressures in some key items drove the prices of food items upwards. The rate
Inflation Rate Rises to 11.4% in July
The consumer price index picked-up in July after briefly posting a marginal decline last month. The inflation rate for July climbed to 11.4% from 11.2% in June as food continued
Inflation Rate end 2019 at 7.9%
The year-on-year inflation rate dipped from a 4-month high to close 2019 fiscal year at 7.9%. It declined by 30 basis points (bps) from 8.2% recorded in November, 2019. The