Inflation cools to 4.6%, but domestic pressures dominate
Annual inflation has declined to 4.6 percent in July 2026, reversing the increase recorded a month earlier.
Annual inflation has declined to 4.6 percent in July 2026, reversing the increase recorded a month earlier.
The Bank of Ghana (BoG) has reaffirmed its confidence in the economy’s recovery — while maintaining the Monetary Policy Rate at 14 percent as it seeks to support growth and keep inflation under control amid global uncertainties.
Ghana's annual inflation rate declined to 4.6 percent in July 2026, down from 5.3 percent in June, as price pressures eased across all major indicators, the Government Statistician Dr. Alhassan Iddrisu has announced.
The International Monetary Fund (IMF) has advised the Bank of Ghana (BoG) to maintain a cautious monetary policy stance as risks from energy prices, exchange rate pressures and fiscal expansion could undermine recent inflation gains.
President John Dramani Mahama has directed a temporary GH¢2 reduction in the regulatory margin on diesel as part of government's efforts to cushion consumers against rising fuel prices and ease inflationary pressures.
The High Court's 20-year sentence against NPP Chairman Wontumi exposes a fundamental tension in Ghana's rule of law: the difference between judicial independence and democratic accountability. The conviction rests on solid legal grounds. So does the NPP's complaint.
The country’s merchandise trade surplus more than tripled to a record GH¢148.3 billion in 2025 as export earnings surged on the back of strong performances in gold, cocoa and petroleum products, according to the Ghana Statistical Service's (GSS) 2025 Annual International Merchandise Trade Statistics Report.
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