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Inflation News in Ghana

Inflation news gathered from trusted sources: consumer and producer price data, wage growth and inflation expectations

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Ghana Guardian

Ghana inflation forecast to more than double in 2027, says Fitch Solutions

Fitch Solutions expects Ghana’s average annual inflation rate to increase from 4.7% in 2026 to 11.3% in 2027, as several domestic and international pressures intensify. The UK-based firm attributed the projected rise to weakening support from the exchange rate, modest fiscal loosening and rapid growth in the money supply. Broad money supply growth was already […] The post Ghana inflation forecast to more than double in 2027, says Fitch Solutions first appeared on Ghanaguardian.com .

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MyJoyOnline

Inflation to average 11.3% in 2027 – Fitch Solutions

This will be driven by fading exchange rate support, modest fiscal loosening and strong money supply growth, with broad money supply growth already exceeding nominal Gross Domestic Product (GDP) growth by 17.1 percentage points in quarter two 2026.

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MyJoyOnline

BoG Governor, all MPC members voted to keep policy rate at 14%

A careful look at the report showed that the majority of these members cited external risks to the economy and concerns about the rising inflation as their major reasons for the rate hold.

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Ghana Guardian

Ghana building costs hit highest level in nine months as inflation reaches 4.6%

Building cost inflation in Ghana rose to 4.6% in August 2026, its highest level since November 2025, according to the Ghana Statistical Service (GSS). The increase continues a steady upward trend that began in April, when building cost inflation stood at 2.2%. It rose to 2.7% in May, 3.1% in June and 4.0% in July […] The post Ghana building costs hit highest level in nine months as inflation reaches 4.6% first appeared on Ghanaguardian.com .

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Ghana Guardian

Ghana building inflation rises to 4.6% in August 2026, says GSS

Ghana’s building cost inflation increased to 4.6% in August 2026, rising from 4.0% in July, the Ghana Statistical Service (GSS) has reported. The latest Producer Price Building Cost Index (PBCI) showed that construction costs were 4.6% higher than in August 2025. Prices also edged up by 0.1% between July and August 2026. The average annual […] The post Ghana building inflation rises to 4.6% in August 2026, says GSS first appeared on Ghanaguardian.com .

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Ghana Guardian

Ghana building cost inflation rises to 4.6% as equipment prices climb

Building cost inflation in Ghana increased to 4.6% in August 2026, rising from 4.0% in July as higher plant and equipment costs, alongside selected construction materials, added pressure to the sector. The latest Prime Building Cost Index (PBCI), published by the Ghana Statistical Service (GSS), recorded a 0.1% increase in building input prices between July […] The post Ghana building cost inflation rises to 4.6% as equipment prices climb first appeared on Ghanaguardian.com .

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Ghana Guardian

Ghana Treasury bill returns fall below inflation as investors face growing losses

Investors in Ghana’s most widely held government security are now receiving returns below inflation, raising the prospect of deeper losses if prices continue to rise as projected by the Bank of Ghana (BoG). The yield on the 91-day Treasury bill fell to 4.68 percent at the auction held on September 25, according to the BoG. […] The post Ghana Treasury bill returns fall below inflation as investors face growing losses first appeared on Ghanaguardian.com .

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Ghana Guardian

91-Day Treasury Bill yield falls below Inflation Rate

Interest RatesInflation

Investors in Ghana’s most popular government security are now earning less than the rate of inflation. With the Bank of Ghana (BoG) expecting inflation to keep rising, those losses could deepen in the months ahead. The interest rate on the 91-day Treasury bill fell to 4.68 percent at lastweek’s auction, held on September 25, according […] The post 91-Day Treasury Bill yield falls below Inflation Rate first appeared on Ghanaguardian.com .

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Ghana Guardian

Building cost inflation in Ghana rises to 4.6% in August 2026 – GSS

The overall cost of building in Ghana increased by 4.6% in the year to August 2026, according to new figures from the Ghana Statistical Service (GSS). The latest rise in the Combined Prime Building Cost Index (PBCI) compares with an annual inflation rate of 4.0% recorded in July 2026. The PBCI measures changes in the […] The post Building cost inflation in Ghana rises to 4.6% in August 2026 – GSS first appeared on Ghanaguardian.com .

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Norvan Reports

Building Inflation Rises to 4.6% as Plumbing and Equipment Costs Surge

Building Inflation Rises to 4.6% as Plumbing and Equipment Costs Surge The cost of constructing buildings in Ghana rose 4.6 per cent in the year to August 2026, extending a gradual acceleration that is beginning to expose significant differences between falling structural-material prices and rapidly rising installation and equipment costs. The Prime Building Cost Index […]

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Ghana Guardian

BoG says banks can expand lending further as bad-loan deadline approaches

The Bank of Ghana (BoG) says banks can increase lending to businesses and households well beyond the current 35.5% growth rate without fuelling inflation, while maintaining a December 2026 deadline for the industry to reduce non-performing loans (NPLs) to no more than 10% of total lending. Governor Dr Johnson Pandit Asiama said private-sector credit growth […] The post BoG says banks can expand lending further as bad-loan deadline approaches first appeared on Ghanaguardian.com .

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BusinessDay

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AFRICA FINANCE IN BRIEF: Botswana second downgrade, Ghana’s new cedi and fresh inflation risks

Here are the stories shaping Africa’s financial markets, economies and businesses this week — from Botswana’s weakening diamond revenues and read more AFRICA FINANCE IN BRIEF: Botswana second downgrade, Ghana’s new cedi and fresh inflation risks

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All Africa Global Media

All Africa Global Media

Ghana: Ghana Holds Interest Rate At 14 Percent As Inflation Risks Rise

Interest RatesInflation

[Daba Finance] Ghana's central bank kept its benchmark interest rate at 14% for a third straight meeting as policymakers weighed rising inflation against economic growth. The Monetary Policy Committee voted unanimously to hold the rate after its September meeting, as expected by economists.

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Ghana Guardian

Ghana policy rate hold backed as inflation and business costs rise

Economist Professor Peter Quartey has supported the Bank of Ghana’s decision to keep its policy rate at 14%, saying the move is appropriate while the economy faces renewed inflationary pressure. Speaking on Joy News’ PM Express Business Edition on Thursday, Prof Quartey highlighted the continued rise in global oil prices and uncertainty about how the […] The post Ghana policy rate hold backed as inflation and business costs rise first appeared on Ghanaguardian.com .

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Ghana Guardian

BoG’s 14% policy rate backed as global oil prices threaten Ghana’s economy

Economist Professor Peter Quartey has endorsed the Bank of Ghana’s decision to keep its policy rate at 14%, saying rising global oil prices and continued inflationary pressures justify holding borrowing costs steady. Professor Quartey said the decision was appropriate amid uncertainty in the global economy, where the direction of oil prices remains difficult to predict. […] The post BoG’s 14% policy rate backed as global oil prices threaten Ghana’s economy first appeared on Ghanaguardian.com .

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Daily Guide Network

Daily Guide Network

BoG Maintains 14% Policy Rate

InflationMonetary Policy

Dr. Johnson Asiama The Bank of Ghana (BoG) has maintained its Monetary Policy Rate at 14% as the Monetary Policy Committee (MPC) assessed the risks to inflation and economic Read More... The post BoG Maintains 14% Policy Rate appeared first on DailyGuide Network .

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Kessben Media

BoG Holds Policy Rate At 14% As Inflation Ticks Up To 5% In August

InflationMonetary Policy

The Bank of Ghana has maintained its Monetary Policy Rate at 14.0 percent, citing broadly balanced risks to inflation and growth despite a slight uptick in inflation and rising global pressures. The decision was taken unanimously at the 132nd regular meeting of the Monetary Policy Committee (MPC) held from September 23 to 24, 2026, the …

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Ecofin Agency

Ghana Leaves Policy Rate Unchanged With Inflation Picking Up

Ghana’s central bank kept its policy rate at 14% despite inflation rising to 5% in August, judging overall price pressures to remain contained. Borrowing conditions have improved significantly, with the average lending rate falling to 15.9% from 24.2% a year earlier while banks remain ...

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Ghana Guardian

BoG maintains Monetary Policy Rate at 14%

InflationMonetary Policy

The Bank of Ghana (BoG) has maintained its Monetary Policy Rate at 14%, citing a broadly balanced outlook for inflation and economic growth. The decision was unanimously taken by the Monetary Policy Committee (MPC) at its 132nd regular meeting, which ended on Thursday, September 24, 2026. It marks the third consecutive MPC meeting this year […] The post BoG maintains Monetary Policy Rate at 14% first appeared on Ghanaguardian.com .

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Ghana Guardian

Mahama says Ghana’s economic recovery is delivering a ‘human face’

President John Dramani Mahama has told the 81st United Nations General Assembly that Ghana’s economy has stabilised through fiscal discipline, prudent governance and stronger action against corruption. Speaking in New York, Mr Mahama said his administration had made significant progress less than two years after taking office, citing renewed economic growth, sharply lower inflation, a […] The post Mahama says Ghana’s economic recovery is delivering a ‘human face’ first appeared on Ghanaguardian.com .

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