Ghana's economy surges with 14.9% growth as NPLs fall and inflation stays controlled
Bank of Ghana reports strong economic activity, declining non-performing loans, and inflation within target as consumer confidence rises.
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General News
Bank of Ghana reports strong economic activity, declining non-performing loans, and inflation within target as consumer confidence rises.
General News
Bank of Ghana cites Middle East conflict, tighter global conditions as cedi faces mounting external headwinds.
General News
The National Petroleum Authority boss expresses concern over transport operators circumventing government agreements to raise fares arbitrarily amid fuel price pressures.
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Market analysts predict BoG will maintain its 14% policy rate in September despite economic headroom, citing external risks.
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Producer price inflation rose to 4.4% year-on-year in August, signalling mounting cost pressures across Ghana's industrial sector.
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COPEC projects sharp fuel price increases driven by global crude oil surge, with petrol rising 4.24% and diesel 10.23%.
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Despite inflation cooling and the cedi stabilising, Ghanaians say domestic airfares remain unaffordably high, raising questions about airline pricing strategies.
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Ghana's year-on-year inflation rose to 5.0% in August 2026, driven by non-food items and services despite easing food prices.
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Borrowing costs have plummeted by over 11 percentage points in a year as Ghana's inflation crisis dramatically reverses, offering relief to businesses and households.
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Ghana's cement manufacturers plan a temporary GH₵12 per-bag surcharge due to severe port delays costing the industry US$45–50 million annually.
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Business leaders warn that unpredictable fuel price swings threaten Ghana's economy more than price increases alone.
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Economic experts caution that Ghana lacks sufficient resilience to weather further fuel price increases without cascading effects across key sectors.
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