Ghana Inflation

Adnan Adams Mohammed   As global prices of food and energy ease, Ghanaians are likely to witness a positive improvement in its inflationary trends.   Ease in prices could have …

The Bank of Ghana is very optimistic that headline inflation would return to its medium term target band of 8±2 percent during the second half of 2025. According to the …

The economist explained that, the stress test will provide information on how to design the needed support for the sector.

This forecast is conditioned on the continued maintenance of tight monetary policy stance and the deployment of tools to contain excess liquidity in the economy.

According to the Finance Minister Ken Ofori Atta, these comprise an agenda to: aggressively mobilize domestic revenue; streamline and rationalise expenditures; boost local productive capacity; promote and diversify exports; protect …

Food inflation rose to 43.7%, from 37.8% last month, driven higher by items such as water, milk, eggs and sugar, according to the statistics agency.

This shows the sharp relationship the Cedi depreciation has on the untamed imported inflation. However, the Finance Minister has reiterated government’s commitment to stabilising the Ghana cedi by the end …

Investors may be compelled to sell their cedi holdings, if the MPC committee decides to hold the policy rate at 22 percent.

Financial experts have expressed verified opinion in their response to a question on whether the policy rate could be an effective measure to tame the galloping inflation which currently is …

This means that cost of credit to households and the private sector would rise steadily in the next couple of months.