Food inflation

Government misses 2024 inflation target as December rate goes up marginally to 23.8%

On: January 8, 2025

Tagged: December, Food inflation, Inflation

Inflation for December 2024 went up marginally to 23.8 percent from the November 2024 figure of 23 percent. This is higher than the revised 20 percent end-of-year target set by the Bank of Ghana. The marginal increase in the December inflation was influenced by rising prices of some foodstuffs onContinue Reading

BoG likely to trigger MPCC if inflation falls outside central target of 18.0%+/-2 – Report

On: December 30, 2024

In: Business

Tagged: Food inflation, IC Research, Inflation, MPCC

The Bank of Ghana is likely to trigger the Monetary Policy Consultation Clause (MPCC) if the country misses the central target of 18.0%+/-2. Inflation reached 23% in November 2024 and may go up marginally in December 2024. According to the Monetary Policy Consultation Clause (MPCC) for Ghana’s ongoing International MonetaryContinue Reading

Government misses 2024 inflation target as December rate goes up marginally to 23.8%

BoG likely to trigger MPCC if inflation falls outside central target of 18.0%+/-2 – Report

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