Inflation rate for January 2018 dropped by 1.5% from the 11.8% recorded in December last year to was 10.3%. Acting government statistician, Dr. Baah Wadieh, attributed the decrease to a base-drift effect associated with fall in prices of major food and non-food items, especially those produced locally. “There were reduction in the inflation rates in … Read more
Malaria prevalence among children under age five has decreased from 27 per cent to 21 per cent. This is according to the 2016 Ghana Malaria Indicator Survey which was conducted by the Ghana Statistical Service in collaboration with the Ghana Health Service and the National Malaria Control Programme. Results of the survey also showed that … Read more
This represents a 1.1 percent drop from the 3.7 percent recorded in May 2017. The PPI measures the average change over time in the prices received by domestic producers for the production of their goods and services. Explaining the reasons accounting for the drop in producer inflation, the Acting Government Statistician, Mr. Baah Wadieh attributed … Read more
Inflation for the month of May 2017 dropped marginally to 12.6 per cent as against the 13 per cent recorded in April 2017. This is the lowest inflation rate since December 2013. The monthly change rate in the May 2017 inflation was 0.7 per cent while that of April 2017 was 1.6 per cent. Inflation … Read more
This is down from the 6 percent recorded in March this year. This means that the cost of production for industries has seen some stability during the period. The difference between the producer price inflation between March and April this year was negative 1.3 percent. The Acting Government Statistician, Baah Wadieh who made the announcement … Read more
The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from 12.8 percent in March, the Ghana Statistical Service has announced. “The rise in inflation rate from 12.8 in March to 13 percent in April 2017 was mainly due to the rise in inflation rate … Read more
The year-on-year inflation rate went up slightly in April to 13.0 per cent, up by 0.2 percentage points, compared with the 12.8 percent recorded in March. The Acting Government Statistician, Mr Baah Wadieh told a press conference on Wednesday that the monthly change rate in April 2017 was 1.6 per cent, while that for March … Read more
The figure went up by 1.6 percent from the 12.8 percent recorded in March this year. According to the Ghana Statistical Service (GSS), inflation for food items was 6.7 percent. Meanwhile inflation for non-food items such as transport and utility, went up by 16.3 percent in April 2017. The Acting Government Statistician, Baah Wadieh explained … Read more
The year-on-year inflation from the Producer Price Index (PPI) for all industry rose to 6.0 per cent in March 2017, from the 5.4 per cent recorded in February, citing higher petroleum and gold prices. The rate shows a 0.6 percentage point increase relative to the rate recorded in February 2017. The figure is down sharply … Read more
President Nana Addo Dankwa Akufo-Addo has inaugurated the re-constituted 19-member governing board of the Ghana AIDS Commission, with a charge on the members to use their resourcefulness to mobilise the requisite resources for the prosecution of the commission’s “ambitious” five-year national HIV and AIDS strategic plan. The President observed that financial support from friends of … Read more
The year-on-year Producer Price Index (PPI) for March 2017 increased from 5.4 percent in February to 6 percent in March. Data from the Ghana Statistical Services (GSS) showed that the figure is 0.6 percent higher than the figure recorded in February while the monthly change rate for producer inflation was 1.4 percent in March 2017. … Read more
A shutdown of the country’s oil and gas fields last year caused Ghana’s economy to grow at the slowest pace in 26 years. Baah Wadieh, acting government statistician, told a news conference on Wednesday in Accra that from 3.9 percent in 2015, Ghana’s gross domestic product declined to 3.5 percent in 2016. GDP in the … Read more
The Ghana Statistical Service(GSS) has announced that provisional Gross Domestic Product (GDP) figures for 2016 was 3.5 percent. According to the service, the value of the GDP in the period represents of GHS36.0 billion. President Nana Akufo-Addo during the State of the Nation Address announced that Ghana missed almost all the fiscal targets set by … Read more
The Ghana Statistical Service (GSS) has announced that the Producer Price Inflation (PPI) which measures the average change over time in the prices by domestic producers of goods and services has increased to 6.0 percent for March, 2017. The rate represents a 0.6 percentage point increase in producer inflation relative to the rate recorded in … Read more
Inflation rate for March has declined to 12.8 per cent from the 13.2 per cent recorded in February. This rate is the lowest since December, 2013. This means prices of goods and services were fairly stable during the review period. The year-on-year non-food inflation rate for March 2017 was 15.6 per cent compared with the … Read more
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be achieved if policies outlined in the 2017 budget impact on prices of goods and services. The Acting Government Statistician, Baah Wadieh explains to the monetary and fiscal policies that influence pricing would translate into a reduction … Read more
More?than one million Ghanaians, constituting about 12 per cent of the labour force, are unemployed, a study conducted by the Ghana Statistical Service (GSS) in 2015 has revealed. Out of the number, more than 700,000, constituting 12.5 per cent, are females, while 500,000, representing 11.5 per cent, are males, indicating that more females are likely … Read more
Inflation for the month of February dropped to 13.2 percent. It represents a monthly change rate of 0.1 percent compared to the 13.3 percent recorded in January this year. According to the Ghana Statistical Service, the food and non-alcoholic beverages recorded an inflation of 7.1 percent while the non-food category recorded an inflation of 16.4 … Read more
Ghana has recorded a 13.2% in its year-on-year inflation for February 2017 being the lowest inflation recorded since December 2013. The figure represents a drop of 0.1% points, from the 13.3% recorded in January 2017. This is the fifth consecutive time that inflation has dropped since October 2016. The monthly change rate for February 2017 … Read more
Inflation for the month of February dropped to 13.2 percent. It represents a monthly change rate of 0.1 percent compared to the 13.3 percent recorded in January this year. According to the Ghana Statistical Service, the food and non-alcoholic beverages recorded an inflation of 7.1 percent while the non food category recorded an inflation of … Read more