Tag: Inflation
More external threats ahead for the cedi – BoG report
A report by the Bank of Ghana that assesses the impact of external shocks on Ghana’s economy has revealed the cedi’s depreciation against the...
Inflation seen rising to 11% due to weak cedi
Despite a drop in last month’s inflation, the Economist Intelligence Unit (EIU) is forecasting that the local currency’s weak performance will undo the work...
Cedi woes, aviation fuel raise airlines’ cost
The recent fall in value of the cedi has raised the cost of operations for airlines and put their margins under pressure - in...
Inflation drops to 6-yr low
The general prices of goods and services in the country fell by 0.4 percentage points to 9 percent, the lowest ever recorded since January...
BoG to review inflation target …as policy rate hits 6-year low
Governor of the Bank of Ghana, Dr. Ernest Addison, has said the Monetary Policy Committee (MPC) is pondering the possibility of revising the bank’s...
BoG cautiously stays policy rate at 17%
The Monetary Policy Committee (MPC) of the Bank of Ghana has decided against increasing the policy rate although it concedes that prevailing market conditions...
Kejetia vrs Legon economics: reality has dawned!
Whenever an economy is strengthening towards stability, there are always gainers and losers. It is fun to speculate over the direction of interest rates...
BoG effects policy rate cut in less than 2-yrs
The Monetary Policy Committee (MPC) of the central bank has voted for the sixth time in under 18 months to reduce its policy rate,...
Policy rate cut could disturb banks – Economist
Despite inflation falling to single-digit in April, a first in five years, an economist at the University of Ghana, Dr. Laud Mensah, has said...
April inflation drops to single digit, records 9.6% …lowest since January...
Inflation for April 2018 dropped its lowest in more than five years, to 9.6 percent from 10.4 percent in March, the Ghana Statistical Service...
