36 articles
President Nana Addo Dankwa Akufo-Addo has said that the progress that has been made in securing the International Monetary Fund (IMF) Staff Level Agreement, in the debt exchange programme, and the implementation of key structural reforms, are yielding benefits. He said inflation is decelerating, int
The Ghana Statistical Service (GSS) has announced on Wednesday, March 15 that the inflation for the month of February 2023 was 52.8%, a drop from the 53.6 recorded in January 2023. Five divisions recorded inflation rates higher than the average. They are Transport (70.3%); Furnishings, Household Equ
The inflation rate in Ghana for the month of January 2023 dropped marginally to 53.6% in from 54.1% recorded in December 2022, The Ghana Statistical Service announced on Wednesday, February 15. Food inflation inched up to 61.0% in January 2023, from 59.7% recorded in December 2022. Non-food Inflatio
The Ghana Statistical Service (GSS) has announced that inflation rate has gone up to 50.3% in the month of November 2022 from the previous 40.4 %. Food inflation recordsed 55.3%, from October’s rate of 43.7%, the GSS said on Wednesday December 14. Non-food inflation also shot up by 7.2% to 46.5% in
Ghana's inflation rate has increased to 37.2 per cent in September 2022, up from the 33.9% recorded in August same year, the Ghana Statistical Service (GSS) has announced in Accra on Wednesday October 12. Five groups recorded inflation rates higher than the national average in September, the GSS fur
Inflation rate for the month of July 2022 was 31.7 per cent, the Ghana Statistical Service (GSS) has announced on Wednesday August 10. This is up from the 29.8 per cent recorded in June. On year-on-year basis, the difference between Food inflation (32.3%) and Non-food (31.3%) was 1 percentage points
During the month of June 2022, the Eastern Region recorded the highest inflation rate among all the regions, the Government Statistician, Professor Samuel Annim has announced. The Upper East recorded the lowest. “From the regional perspective we identified the Eastern Region recording the highest ra
June 2022 inflation rate recorded 29.8 per cent, up from the 27.6 per cent recorded in May same year, the Ghana Statistical Service (GSS) has announced on Wednesday July 13. The Government Statistician, Professor Samuel Annim at a press conference in Accra said the Eastern Region recorded the highes
The inflation for imported goods was 28.2%, which is higher than the 24.7% recorded for April 2022, the Ghana Statisrical Service (GSS) has announced. The GSS further indicated that inflation for locally produced items was 27.3%, up from the 23.0% recorded in April 2022. Focusing on year-on-year foo
The Greater Accra Regional Chairman of the Association of Ghana Industries (AGI), Tsornam Akpeloo, has said premium should be placed on domestic production of goods in order to halt the rising rate of inflation in the country. In his view, there is no way the country can deal with the increasing rat
The inflation for imported goods was 11%, which is higher than the 10.4% recorded for December 2021, while the inflation for locally produced items was 15.0%,up from the 13.3% recorded in December 2021. The national year-on-year inflation rate was 13.9% in January 2022, which is 1.3 percentage point
The country’s inflation rate went up to 12.6 percent in December, the highest level since April 2017. The rate is the official inflation figure for 2021. This comes after the central bank raised its benchmark monetary policy rate by 100 bps to 14.5 percent from 13.5 percent in November 2021 to curb
Inflation rate for June 2021 was 7.8 per cent, the Ghana Statistical Service (GSS) has announced on Wednesday July 14. This means that in the month of June 2021 the general price level was 7.8% higher than in June 2020, the GSS said. Month-on-month inflation between May 2021 and June 2021 was 1.3%.
The year-on-year inflation for May 2020 – May 2021 was 7.5%, the Ghana statistical Service (GSS) has announced on Wednesday June 9 The month-on-month - April 2021 - May 2021 - inflation was 0.8%. Year-on-year variation between food (5.4%) and non-food inflation (9.2%) was 3.8%. Month-on-month food i
Food contributed 59.1% to the total inflation in December 2020, the Ghana Statistical Service (GSS) has announced. The GSS said on Wednesday Janury 13 that this is the highest contribution recorded since April 2020 when COVID-19 started to affect Ghana. The increased rate of food inflation is the pr
The October 2020 inflation rate was 10.1 percent, 0.3 percentage point lower than what was recorded last month, the Ghana Statistical Service (GSS) has announced on Wednesday, November 11. According to the GSS, the month-on-month inflation between September 2020 and October 2020 was 0.2 percent. Thi
