Bank of Ghana Expected to Hold Policy Rate at 14% as Inflation Concerns Persist
Market analysts predict BoG will maintain its 14% policy rate in September despite economic headroom, citing external risks.
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General News
Market analysts predict BoG will maintain its 14% policy rate in September despite economic headroom, citing external risks.
General News
Producer price inflation rose to 4.4% year-on-year in August, signalling mounting cost pressures across Ghana's industrial sector.
General News
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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Fuel prices will rise from 1 September despite Ghana's currency strengthening, with petrol expected to hit GH¢16.21 per litre.
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Building input prices in Ghana have fallen dramatically from 14.2% in 2025 to just 4% in 2026, offering potential relief to the construction sector.
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Major consumer brands are reducing product sizes while keeping prices steady, quietly eroding purchasing power for millions of Ghanaian households.
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