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Inflation drops to 23.1% in May

Inflation drops to 23.1% in May

The inflation rate has decreased to 23.1% in May 2024, down from 25.0% in April 2024, representing a 1.9 percentage point drop, according to the Ghana Statistical Service (GSS). The decline was driven by a

Business
September inflation falls to 38.1% from 40.1%

September inflation falls to 38.1% from 40.1%

Food costs, which are now rising at the slowest rate in a year, contributed to a decrease in inflation for September. Prof. Samuel Kobina Anim, the government statistician, said that inflation, which gauges how prices

Business
GUTA Lauds Government, BoG For Downward Trends In Inflation & Improved Exchange Rate

GUTA Lauds Government, BoG For Downward Trends In Inflation & Improved Exchange Rate

The Ghana Union of Traders' Association (GUTA) has lauded the central government and the Bank of Ghana for their roles in improving the country's inflation and exchange rates. The Ghana cedi in the past weeks