Inflation Drops By 1.5% To 10.3% In January

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

Health Sector Finally Pays Heed To Massive Protest

Over 500 nurses employed upon agitation for financial clearance… The Ghanaian government finally paid heed to the laments and cries of the unemployed privately trained nurses who have been on a picketing spree over their unfortunate situation. News has been rife that over 500 members of the Coalition of Bonded Allied Health Professionals have been … Read more

Picketing Escalates To Cooking And Sleeping At Health Ministry

The Coalition for Unemployed Private Nurses Association has been on a picketing spree for the past few days, over their unemployment. These nurses who say they have been discriminated against since 2010, devised a rather forceful means to make their voices heard. The members of the group, who are private nurses have remained jobless several years … Read more

Inflation Drops To 12.1%

Inflation has dropped again for the month of June from 12.6 per cent in May to 12.1 per cent. This is the lowest since December 2013. The marginal reduction in the price of fuel was mentioned as one of the factors that contributed to the reduction. Acting Government Statistician, Baah Wadie, told the media in … Read more

May Inflation Drops To Lowest In 3 Yrs

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

Inflation To Increase To 13.3% In May 2017

Ghana Statistical Service (GSS) is expected to announce the consumer price inflation for the month of May 2017 in the coming days. The year-on year inflation rate measured by the CPI with 2012 as the base year with an index of 100 stood at 13.0% in April 2017 as against the 12.80% recorded for March … Read more

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 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

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 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

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 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

February Inflation Drops Marginally To 13.2%

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

Economist Predicts Single Digit Inflation In the Medium Term

Economist Professor Godfred Bokpin has predicted of a drop in inflation to single digits in the short to medium term. It follows what he describes as weak volatilities with the main price drivers of inflation such as utility prices and transport fares. “As a result the major drivers do not exhibit higher volatility going forward … Read more

Economist Predicts Single Digit Inflation In the Medium Term

Economist Professor Godfred Bokpin has predicted of a drop in inflation to single digits in the short to medium term. It follows what he describes as weak volatilities with the main price drivers of inflation such as utility prices and transport fares. “As a result the major drivers do not exhibit higher volatility going forward … Read more

Inflation Ends 2016 At 15.4%

The year-on-year inflation rate for the last month of the year 2016 December was 15.4%, compared with the 15.5% recorded in November 2016. This represents a 0.1% down from the 15.5 percent recorded in November last year. According to data from the Ghana Statistical Services, the monthly change rate in December 2016 was 0.9% while … Read more

Inflation Drops To 15.4 Percent In December 2016

The figure represents a drop from the 15.5 percent recorded in November 2016.This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 percent compared to 0.8 percent recorded a month earlier. According to figures released by the Ghana Statistical Service, the year-on-year food … Read more

Inflation Drops To 15.4 Percent In December 2016

This is the third consecutive time inflation has dropped since October 2016 Ghana’s inflation for December 2016, reached 15.4 percent. The figure represents a drop from the 15.5 percent recorded in November 2016. This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 … Read more

Inflation Drops To 15.4 Percent In December 2016

The figure represents a drop from the 15.5 percent recorded in November 2016. This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 percent compared to 0.8 percent recorded a month earlier. According to figures released by the Ghana Statistical Service, the year-on-year … Read more

Inflation Drops To 15.8 Percent October

The figure represents a 1.4 percent reduction from the 17.2 percent recorded in September this year. This is higher compared to the monthly change rate for September which was 0.2 percent. According to figures released by the Ghana Statistical Service, inflation for the food and non-alcoholic beverages reached 8.7 percent. The figure is 0.3 percentage … Read more

Inflation Rate Hits 17.2% In September

Inflation rate for the month of September hit 17.2 per cent compared to the 16.9 per cent recorded in August 2016. This represents a 0.3 per cent increase from the previous one in August. However, the monthly change rate between August and September was 0.2 per cent, a reduction from the -0.6 per cent recorded … Read more

Election Fever Pushes Up Inflation Slightly

Barely three months to the crucial December polls, inflation, which has been largely erratic this year, has begun a gradual ascent, with the Ghana Statistical Service suspecting that traders are hiking prices because they fear the local currency would struggle against the US dollar ahead of the polls. The Ghana Statistical Service yesterday announced that … Read more