Why World Governments Will Fail in This Turbulent World Economy
The world economy stands at a crossroads. Like a ship caught in a churning sea, it navigates uncharted waters, buffeted by the winds of change. The lingering effects of the…
Global Inflation: A Deep Dive
In recent times, the world has witnessed a concerning surge in inflation, sending shockwaves through economies and impacting the everyday lives of individuals. From soaring commodity prices to increased consumer…
Inflation: What Does the Fall Mean for Ghana?
Inflation in Ghana has continued its downward trend for the fourth consecutive month, reaching 41.2% in April 2023 from 45% in March 2023. This marks a continuation of the disinflation…
GHANAIAN ECONOMY: LATEST DEVELOPMENTS IN PRODUCER-PRICE INFLATION
According to the latest data from the Ghana Statistical Service (GSS), the Producer Price Inflation (PPI) for January 2023 slightly declined to 52.1% from the previous month’s rate of 52.2%.…
HALF THE WORLD IS SUFFERING. ARE YOU PART OF IT?
Inflation on a global scale is predicted to reach 8.8% in 2022. But some nations are being affected considerably more severely than others. Worldwide, inflation rates are skyrocketing. Prices are…
GHANA’S INFLATION STRANGLING HOUSEHOLDS
Prof. Godfred A. Bokpin, an economics instructor at the University of Ghana Business School, has said that the high inflation rate for October is not as surprising as many Ghanaians…
INFLATION: FAMILY HEADS ADVISE MEMBERS TO LEAVE GHC4K BEHIND FOR FUNERAL EXPENSES
Family heads are starting to avoid the duty of paying for a casket when a relative passes away as costs for commodities continue to soar. They are currently looking into…
A LITRE OF PETROL NOW SELLING AT GH¢17.48
Fuel prices have shot up significantly even before the fortnight review of petroleum products on Sunday, October 30, 2022 by the Oil Marketing Companies (OMC). This is happening despite the…
SILENT KILLER: THE IMPACT OF THE CEDI DEPRECIATION ON THE GHANAIAN
The effects of the depreciating Cedi on the nation are so silent but deadly. While the government, business organizations, and citizens are still in discussions on how to control its…
T. BILLS AND INFLATION TO PEAK IN COMING WEEKS – DATABANK REPORT
Treasury bill yields are anticipated to increase in the upcoming weeks as a result of limited liquidity and the Bank of Ghana’s 22% policy rate. According to Databank Research, the…
GHANA CEDI FINALLY BREAKS THE 8
The Ghana Cedi is currently trading against the dollar at a buying price of 8.0161 and a selling price of 8.0241 on the Bank of Ghana’s Interbank FX rates, as…
INFLATION: HOW HAVE WE ‘FALLEN’ THIS DEEP?
The recent inflation data released by the Ghana Statistical Service on Wednesday, August 10, shows that the country’s cost of living has reached alarming levels. The Consumer Price Index (CPI)…
CEMENT HITS GH¢66 PER BAG
Manufacturers of the cement have told Joy Business that the price of the product would rise by more than $5 from today to $66. Consumers in Accra would be the most affected,…
GHANA’S PRODUCER PRICE INFLATION RATE HITS 31.2%
The Ghana Statistical Service announced on Wednesday that the Producer Price Inflation (PPI) rate for April 2022 is 31.2 per cent. The rate is a 1.9 percentage point increase in…