[ad_1] Dr. Alhassan Iddrisu The country’s downward inflation trend continued its steady decline in December 2025, falling to 5.4 percent year on year, new data from the Ghana Statistical Service has shown. The decline marks the 12th consecutive month of disinflation and the lowest rate since the Consumer Price Index (CPI) was rebased in…
[ad_1] The latest data from the Ghana Statistical Service indicates that the Producer Price Inflation rate for June 2024 has increased to 25.9%, higher than the 23.6% recorded in May 2024. This rate indicates that between June 2023 and June 2024, the rate increased by 25.9 per cent. The increase represents a 2.5 percentage point…
[ad_1] The latest update from the Ghana Statistical Service (GSS) has revealed a significant decline in the country’s inflation rate for the month of June, with figures dropping to 22.8%. This statistical data, as announced by the Government Statistician, Professor Samuel Kobina Anim, marks a notable decrease of 0.3 percentage points from the previous…
[ad_1] Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population. Authorities hope the new measure will halt a currency crisis underlining the country’s yearslong economic troubles. Reserve Bank of Zimbabwe Gov. John Mushayavanhu said the…
[ad_1] Prof Samuel Annim The latest data from the Ghana Statistical Service (GSS) has shown a decline in the country’s inflation rate, with the figure for February standing at 23.2 percent. This represents a decrease of 0.3 percentage points from the 23.5 percent recorded in January. During a press briefing in Accra on Wednesday,…
[ad_1] For the fifth consecutive month, inflation has dropped, recording a rate of 23.2% for December 2023. This means that in December 2023 the general price level was 23.2 percent higher than in December 2022 According to the Consumer Price Index (CPI) data released on Wednesday, January 10, food inflation stood at 28.7 percent and…
[ad_1] Ghana will record an average inflation of about 18.0% by the end of 2024, The Economist Intelligence Unit (EIU) has projected. This will be a significant fall from the average of about 38% in 2023. According to the UK-based firm, Ghana’s average inflation in 2024 will place it 8th in Africa, but lower than…
[ad_1] Ghana’s inflation of 40.1% is the 4th highest in Sub-Saharan Africa in 2023, the World Bank October 2023 Africa Pulse Report has revealed. Zimbabwe is 1st with more than 80% inflation and is followed by Sudan (60%) and Sierra Leone (42%). According to the report, food and energy prices are still contributing to driving…
[ad_1] Inflation has dropped to 40.1% in August 2023, from 43.1% recorded in July 2023. This means that in the month of August 2023, the general price level was 40.1 percent higher than in August 2022 Food inflation also decreased to 51.9% in August, from 55.0% in July. Inflation for imported products registered a rate…
