Inflation

News

Lower Production Cost To Result In Single Digit Inflation

The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing...

Headlines

Hopes of ‘Trump-O-Nomics’ Vs Slow-Growth Reality

President Donald Trump's economic and tax agenda assume growth in the world's largest economy will see a sustained...

News

FirstBanC Expects 22.5% Policy Rate To Boost Growth

FirstBanC Financial Services Ltd (FirstBanC), is expecting the reduction in policy rate from 23.5 to 22.5 percent to...

Headlines

Egyptians Brace For Austere Ramadan After Reforms

Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the...

International

Dollar Slips After Cautious Fed Minutes

US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest...

Business

BoG Cuts Key Interest Rates

The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a...

Business

Economist Pushes For A Reduction In Policy Rate

Ahead of the announcement of a new policy rate by the Bank of Ghana on Monday, some economists are predicting a further...

News

Monetary Policy Rate Likely To Be Maintained At 23.5 Percent

In what may appear to be a disappointing news for industry, some economists are predicting that the central bank will...

News

MPC Likely To Maintain Policy Rate At 23.5%

GN Research expects the Monetary Policy Committee (MPC) to keep the Monetary Policy Rate at 23.5%, due to a positive...

Headlines

Japan’s Economy Posts Longest Expansion In A Decade

Japan has posted its longest economic expansion in over a decade, government data showed Thursday, chalking up a win...

Business

Put In Measures To Stabilize Inflation – Government Urged

Following the rise in inflation from 12.8% in March to 13% in April 2017, some economists have advised government to...

News

Fitch Upgrades Ghana Outlook To Stable

Fitch ratings agency upgraded Ghana’s outlook to stable on Friday and said the government was making progress in...

Business

Fitch Upgrades Ghana’s Outlook To Stable; Says Government Making Progress

Fitch ratings agency has on Friday upgraded Ghana’s outlook to Stable. Fitch says Ghana is making progress in...

Headlines

US Inflation Edges Higher In April

US inflation edged higher in April, reversing the previous month's surprise drop, the Labor Department reported on...

Business

Hike In Transport Fares Pushes Inflation Up To 13%

The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from...

International

Spending Squeeze To Worsen, Warns Bank

Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real...

Headlines

US Wholesale Prices Rebound Sharply In April

Mounting services costs drove up US wholesale inflation in April, with the annual measure hitting its fastest pace in...

Business

Inflation Rate For April Inches Up To 13 Per Cent

The year-on-year inflation rate went up slightly in April to 13.0 per cent, up by 0.2 percentage points, compared with...

News

Inflation Rises To 13% After Six Months’ Decline

The figure went up by 1.6 percent from the 12.8 percent recorded in March this year. According to the Ghana Statistical...