Central Bank increases interest rate by 100 basis points
The Monetary Policy Committee of the Bank of Ghana has increased the Policy Rate by 100 basis points (1 per cent)…
Browsing Tag
inflation
Bank of Ghana, Finance Ministry commit to zero financing of…
The Bank of Ghana and the Finance Ministry have reached an agreement to stop financing the national budget, a move…
Ghana’s inflation hits 30-year high in November
The annual consumer inflation surged to 50.3 percent in November, the highest in more than three decades, the Ghana…
Ghana: Inflation rate posts monthly jump of 9.9%; now 50.3%
Ghana’s annual inflation rate quickened for the 18th straight month to 50.3% in November of 2022, up from 40.4% in…
Ghana increases benchmark interest rate to relieve…
Ghana’s central bank announced an increase of 250 basis points in its benchmark policy rate to 27 percent Monday to…
Inflation to remain elevated till the end of the year –…
Lecturer of Economics at the University of Ghana Business School, Prof. Godfred A. Bokpin, has stated that the high…
European tourism faces ‘challenging’ winter amid disposable…
A “challenging” economic backdrop will lead to a difficult winter for the European tourism sector, with data for…
Inflation to average 18.7% in 2023 – Fitch Solutions…
Fitch Solutions is forecasting a disinflation process for Ghana throughout next year.
This is due to an expected…
October inflation was 40.4 % – GSS
The Government Statistician Professor Samuel Anim has announced that inflation rate for October was 40.4 per cent.…
Transport Fares Up By 19 Percent
Transport fares are expected to increase by 19% effective Saturday, October 29.
Godfred Abulbire,…
37.2% Inflation is Unsatisfactory But Better Than NDC’s 122%…
The Ghana Statistical Service (GSS) has revealed that, the inflation has shot up by 3.3% leading to 37.2% for the…