Ghana’s consumer inflation rate increased marginally to 3.4 percent year on year in April 2026, marking a 0.2 percentage point increase over the 3.2 percent recorded in March, the Ghana Statistical Service (GSS) said on Wednesday. The increase in April represented the first increase in inflation over the pastContinue Reading
The Ghana Statistical Service (GSS) on Wednesday announced the 15th straight month of declining inflation in March, recording a one percentage point reduction to 3.2 percent compared with the 3.3 percent a month earlier. Government Statistician Alhassan Iddrisu said the declining inflation followed the pattern of previous months, driven byContinue Reading
By Francis Kobena Tandoh Headline inflation for January 2026 dropped to 3.8 percent, the lowest recorded in nearly thirty years, according to the Ghana Statistical Service (GSS). The January inflation marks the 13th consecutive monthly decline since the 2021 rebasing of the Consumer Price Index (CPI), signaling broad-based easing ofContinue Reading
Inflation rate for Ghana declined further to 5.4 percent in December 2025, a 0.9-percentage-point decline compared to the 6.3 percent recorded the previous month, according to data released by the Ghana Statistical Service (GSS) on Wednesday. Government Statistician Dr. Alhassan Iddrisu said to the media that the lower inflation rateContinue Reading
Inflation rate for November fell further to 6.3 percent, down 1.7 percentage points from the 8 percent recorded in the previous month, according to data released Wednesday by the Ghana Statistical Service (GSS). Alhassan Iddrisu, government statistician at the GSS, told reporters that the latest figure marks the lowestContinue Reading
The Bank of Ghana (BoG) on Wednesday announced a further 350-basis-point cut in the benchmark lending rate to 18 percent, down from 21.5 percent, citing a positive inflation outlook and the need to support economic growth. During a regular Monetary Policy Committee (MPC) press briefing, Bank of Ghana GovernorContinue Reading
The World Bank on Monday lifted Kenya’s 2025 economic growth projection to 4.9 percent, an upward revision from 4.5 percent in May, citing the faster-than-expected recovery in the construction sector. In its Kenya Economic Update report released in Nairobi, the capital of Kenya, the global lender said that lowContinue Reading
