67 h. ago Local Products Drive Ghana Inflation Despite Global Pressures

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/local-products-drive-ghana-inflation-despite-global-pressures/Ghana’s domestic market dominated inflation pressures in August 2025, with homegrown products accounting for 19 of the 20 biggest price drivers even as the West African nation maintains heavy reliance on imported cooking oils. Ghana’s inflation rate fell to 11.5 percent in August from 12.1 percent in July, marking the eighth consecutive monthly decline and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/local-products-drive-ghana-inflation-despite-global-pressures/

Events

4 d. ago Fruit Price Surge Challenges Ghana’s Declining Inflation Trend

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fruit-price-surge-challenges-ghanas-declining-inflation-trend/Ghana’s fruit prices soared to extreme levels in August, with coconut leading at 130.9% year-on-year inflation, even as overall consumer price growth continued its eighth consecutive monthly decline to 11.5%. Ghana’s overall inflation rate fell to 11.5% in August from 12.1% in July, marking the lowest level since October 2021. However, fresh produce dominated the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/fruit-price-surge-challenges-ghanas-declining-inflation-trend/

Economics

4 d. ago Ghana’s Business Community Builds Case for Further Rate Cuts Following Inflation Milestone

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-business-community-builds-case-for-further-rate-cuts-following-inflation-milestone/Ghana’s business sector is intensifying calls for additional monetary policy easing as the country’s eighth consecutive monthly inflation decline creates compelling arguments for lower borrowing costs that could stimulate economic growth. Headline inflation dropped to 11.5% in August 2025, falling below the government’s end-of-year target of 11.9% ahead of schedule and providing ammunition for business […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-business-community-builds-case-for-further-rate-cuts-following-inflation-milestone/

Economics

4 d. ago Counting inflation wrong: When the math doesn’t add up in Ghana’s CPI report

The Institute of Economic Research and Public Policy (IERPP) has conducted a critical review of the Ghana Statistical Service (GSS) Consumer Price Index (CPI) and Inflation Report for August 2025. While the report is detailed and comprehensive, IERPP has identified several shortcomings that call into question its accuracy, neutrality, and clarity. These concerns raise important issues about the integrity of official statistics and their communication to policymakers and the public. The key findings are outlined below.

Politics

5 d. ago Ghana Food Basket Region Records Highest Inflation at 21.7 Percent

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-food-basket-region-records-highest-inflation-at-21-7-percent/Western North Region, one of Ghana’s primary agricultural production areas, recorded the country’s highest food inflation rate at 21.7 percent in August, creating a paradox where a major food-producing region experiences the steepest food price increases. The Ghana Statistical Service data reveals the ironic situation where Western North, known for fertile soils and production of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-food-basket-region-records-highest-inflation-at-21-7-percent/

Politics

6 d. ago August inflation drops to 11.5%, lowest in 4 years; beats end

Ghana’s year-on-year inflation for August 2025 declined marginally to 11.5%, down from 12.1% recorded in July 2025, according to data released by the Ghana Statistical Service. This marks the eighth consecutive decline in inflation this year and the lowest rate in four years, falling below the government’s end-year target of 11.9% for 2025. The slowdown […]

Politics

1 week ago Medical Specialty Pay Gap Widens as Surgery Salaries Hit US$800K

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/medical-specialty-pay-gap-widens-as-surgery-salaries-hit-us800k/New research reveals dramatic compensation differences across medical specialties, with orthopedic surgeons earning more than twice what primary care physicians make annually. Data from SalaryDr analyzing over 2,600 verified physician submissions shows orthopedic surgery leading all specialties with a median salary of $800,000 and average compensation reaching $842,033. The findings underscore growing disparities in medical […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/medical-specialty-pay-gap-widens-as-surgery-salaries-hit-us800k/

Economics

2 w. ago Inflation and Safety Fears Drive Americans to Road Trips This Labor Day

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/inflation-and-safety-fears-drive-americans-to-road-trips-this-labor-day/Americans are abandoning airports in favor of highways this Labor Day weekend, with new research revealing a dramatic shift toward driving as the preferred travel method for the traditional end-of-summer holiday. A comprehensive survey of 1,000 U.S. adults shows that nearly two-thirds plan to drive to their destinations, while only 13% intend to fly. This […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/inflation-and-safety-fears-drive-americans-to-road-trips-this-labor-day/

Politics

2 w. ago Lower producer inflation must reach shops and markets – Dr. Alhassan Iddrisu

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/lower-producer-inflation-must-reflect-in-shops-and-markets-government-statistician/Government Statistician Dr. Alhassan Iddrisu has urged government, businesses and households to act after Ghana’s Producer Price Inflation fell to a near two-year low of 3.8 percent in July 2025. The decline, he said, was driven largely by lower mining and manufacturing costs and offers an opportunity to ease consumer price pressure if savings flow […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/lower-producer-inflation-must-reflect-in-shops-and-markets-government-statistician/

Economics

2 w. ago Safe Water Network commissions over $800k Asikuma Home Water Station

The Safe Water Network (SWN) has commissioned over $800,000 Asikuma Home Water Station, which will provide safe, reliable water to over 3,000 residents.  

Events

2 w. ago Ghana’s Producer Inflation Cools, Easing Cost Pressures on Businesses

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-producer-inflation-cools-easing-cost-pressures-on-businesses/Businesses across Ghana finally caught a break in July as the pace of rising factory gate prices slowed noticeably. New data from the Ghana Statistical Service shows the Producer Price Index fell to 18.3 percent, down from 21.7 percent the previous month. This offers a welcome sign that cost pressures may be starting to ease. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-producer-inflation-cools-easing-cost-pressures-on-businesses/

Economics

2 w. ago Ghana Lawmaker Proposes Higher Waste Levy to Tackle Sanitation Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-lawmaker-proposes-higher-waste-levy-to-tackle-sanitation-crisis/A member of parliament is pushing for a major increase in Ghana’s sanitation levy to address a growing waste management crisis. John Oti Bless, who chairs parliament’s Sanitation and Water Resources Committee, wants to raise the charge from 10 to 50 pesewas. The proposal comes as districts struggle to manage waste following the cancellation of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-lawmaker-proposes-higher-waste-levy-to-tackle-sanitation-crisis/

Events

2 w. ago Ghana’s Mahama Pitches ‘Gateway to Africa’ Vision to Japanese Investors

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-mahama-pitches-gateway-to-africa-vision-to-japanese-investors/President John Mahama made a direct appeal to Japanese business leaders this week, positioning Ghana as the prime gateway for investment into West Africa. Speaking at an investment forum in Yokohama, he pointed to the country’s dramatic economic turnaround as a reason for newfound confidence. Mahama detailed the progress, noting a significant drop in inflation […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-mahama-pitches-gateway-to-africa-vision-to-japanese-investors/

Politics

3 w. ago Crumbling Highway Inflates Commuter Costs, Sparks Strike Threat in Ghana

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/crumbling-highway-inflates-commuter-costs-sparks-strike-threat-in-ghana/The Pokuase-Nsawam highway, a critical link between Accra and Ghana’s northern neighbors, has deteriorated into a “daily abuse of commuters’ economic welfare,” warns consumer rights advocate Appiah Kusi Adomako. Years of contractor neglect have transformed the 40-kilometer stretch into a gauntlet of potholes and gridlock, forcing drivers to hike fares and passengers to absorb vehicle […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/crumbling-highway-inflates-commuter-costs-sparks-strike-threat-in-ghana/

Events

3 w. ago Ghana’s Inflation Crisis Pushed 800,000 into Poverty, World Bank Finds

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-crisis-pushed-800000-into-poverty-world-bank-finds/Skyrocketing inflation during Ghana’s recent economic crisis pushed over 800,000 citizens below the poverty line, a new World Bank report reveals. Households across the nation struggled as the cost of food, transport, and other essentials surged, rapidly eroding fragile incomes. The situation became so dire that even earning $3 a day wasn’t enough for many […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-inflation-crisis-pushed-800000-into-poverty-world-bank-finds/

Events

3 w. ago Ghana Food Prices Dip as Inflation Eases, Bringing Consumer Relief

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-food-prices-dip-as-inflation-eases-bringing-consumer-relief/Prices for several essential food items in Ghana have finally begun to fall, offering tangible relief to households after a prolonged period of high inflation. New data from the Ghana Statistical Service shows seven key staples recorded actual price decreases month-on-month, signaling that the recent slowdown in inflation is translating into real benefits for consumers. […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-food-prices-dip-as-inflation-eases-bringing-consumer-relief/

Economics

3 w. ago Ghana Miners Demand Fair Share as Gold Prices Soar to Record Highs

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-miners-demand-fair-share-as-gold-prices-soar-to-record-highs/Ghana’s mineworkers are pushing gold mining giants to channel record profits into wages and safety upgrades rather than solely funding expansion projects. At a National Executive Council meeting in Accra, the Ghana Mineworkers’ Union (GMWU) spotlighted the industry’s windfall from gold’s meteoric rise from $1,800 per ounce during the pandemic to historic peaks above $3,000 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-miners-demand-fair-share-as-gold-prices-soar-to-record-highs/

Politics

4 w. ago Sustainability of Ghana’s macroeconomic recovery hinges on elevated gold prices – Fitch Solutions

In its analysis of the Ghanaian economy, it said a substantial decline in gold prices would drive a sharp rebound in inflation. This will prompt the Bank of Ghana to maintain a tighter policy stance than currently anticipated.

Economics

4 w. ago Ghana’s Central Bank Eyes Further Rate Cut as Inflation Eases

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-eyes-further-rate-cut-as-inflation-eases/Ghana’s disinflation trend has strengthened the case for another policy rate reduction when the Bank of Ghana’s Monetary Policy Committee (MPC) meets in September. July’s headline inflation fell to 12.1% a near four-year low satisfying the MPC’s precondition for additional easing after July’s 300-basis-point cut to 25%. Most committee members had signaled willingness to lower […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-eyes-further-rate-cut-as-inflation-eases/

Politics

4 w. ago Ghana’s Gold Strategy Boosts Reserves and Stabilizes Economy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/Ghana’s Domestic Gold Purchase Programme (DGPP) has fortified foreign reserves, steadied the exchange rate, and helped tame inflation, according to First Deputy Governor of the Bank of Ghana, Dr. Zakari Mumuni. Speaking at the CNVERGE ’25 banking summit, he revealed the central bank bought 145.95 tonnes of gold since the program’s launch, with 86.77 tonnes […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-gold-strategy-boosts-reserves-and-stabilizes-economy/

Politics