Tag: Inflation

Eight Months into 2024: A Comprehensive Look at Ghana’s Growth, Inflation, and Trade Performance

By August 2024, Ghana's inflation halved to 20.4%, exports grew, but concerns…

5 Min Read

Ghana’s Growing Appetite for Imports Straining Balance of Payments

Ghana's total imports reached $10.1 billion by August 2024, with oil imports…

3 Min Read

BoG Introduces New Foreign Exchange Market Reference Rate Methodology

BoG introduces a new methodology for computing Foreign Exchange Reference Rate to…

2 Min Read

Economic Hardships Drive Marriages to Collapse, Actor Claims

Actor Clement Bonney blames Ghana’s economic mismanagement for rising divorce rates, highlighting…

2 Min Read

Producer Price Index Rises to 33.2% in August 2024, Signaling Growing Inflationary Pressures

Ghana's Producer Price Index surged to 33.2% in August 2024, reflecting rising…

3 Min Read

Employers call for urgent action to bring inflation down to single digit and stablise the cedi

The Ghana Employers' Association urges the government to implement robust policies to…

2 Min Read

Inflation in Ghana: Restaurants and Accommodation Services Bear the Brunt

Inflation in Ghana's Restaurants and Accommodation Services rose 29.5% year-on-year, driven by…

2 Min Read

Price of Tomatoes was Over 60% Higher in August 2024 Compared to August 2023, as 8 Vegetables Feature in Inflation Top 20

Tomato prices rose 62.3% in August 2024, with several vegetables facing inflation,…

2 Min Read

Expanding Production and Cutting Costs Key to Controlling Ghana’s Inflation Long-term, Says Economist

Ghana's inflation dropped to 20.4% in August, but economist Dr. Agbanyo stresses…

4 Min Read

Housing, Water, and Electricity Inflation Surge, Increasing Financial Strain on Ghanaian Households

Inflation in essential sectors like housing, water, electricity, and gas reached 31.8%…

3 Min Read

Ghana’s Inflation Rate Drops to 20.4% in August 2024, Driven by a Slowdown in Food Prices

Ghana’s inflation rate dropped to 20.4% in August 2024, driven by lower…

2 Min Read