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Inflation drops to 10.3% from 11.8%

Latest data from the Ghana statistical Service has revealed that inflation has dropped from 11.8 percent to 10.3 percent for the month of January. This represents a significant drop considering the fact that inflation increased to 11.8 percent in December. The monthly change rate in January 2018 was 1.4 percent …

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PPI drops to 2.0% in July – Starr Fm

The month of July recorded a Producer Price Index (PPI) of 2.0 percent, the lowest in about two years. The figure is down from the 3.2 percent recorded the previous month. According to the Ghana Statistical Service, the development was as a result of the plummeting prices of Gold …

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Inflation drops to 11.9% – Starr Fm

Inflation has dropped again for the month of July from 12.1 percent in June to 11. 9 percent. The June’s fall is the lowest since September 2013. Speaking to Starr News at a news conference Wednesday to announce the recent inflation figures, the acting government statistician Baah Wadie said …

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Inflation rate drops to 12.8 – Starr Fm

Inflation rate for March has declined to 12.8 percent from the 13.2 percent 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% compared with …

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Policy rate likely to remain at 25.5%

There are high expectations the Monetary Policy Committee of the Bank  of Ghana will maintain its policy rate at 25.5 percent today. The Policy rate is indicative of the rate at which the Central Bank lends to commercial banks. The committee has since Friday been meeting to review development …

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