Inflation in Ghana Drops for Third Consecutive Month to 22.4 Percent
According to the Ghana Statistical Service (GSS), the decline is attributed to easing food price pressures.
Inflation
Trump plans reciprocal tariffs with inflation heating up.
President Trump is threatening a round of reciprocal tariffs, suggesting the U.S. could tax imported goods at the same level that other countries tax U.S. exports.
Q2 2026 is the new single-digit inflation target set by the BoG
The Bank of Ghana (BoG) has revised its target for achieving single-digit inflation, now projecting the milestone to second quarter-2026, instead of the previously announced first quarter.
BoG: Monetary Policy Rate Remains Unaffected At 27% After First Meeting Of 2025
Governor of the Bank of Ghana, Dr. Ernest Addison, explained that the central bank’s latest inflation forecast indicated a steady decline, with a return to the disinflation path over an extended time horizon to achieve the medium-term target of 8 ± 2 percent.
Inflation Rate Increased To 23.8% In December
The Consumer Price Index (CPI) for December 2024 stood at 248.3, indicating a 23 percent increase compared to the same period in 2023.
Global Conditions Look Good For 2025, But Confidence Wavers
Global Conditions Look Good For 2025, But Confidence Wavers