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Ghana’s trade surplus shrinks amidst steady export growth

Ghana registered a trade surplus of GH₵3.9 billion in the third quarter (Q3) of 2024, marking a continuation of its trade balance gains for the year. However, this figure represents a decline from the GH₵6.1 billion surplus recorded in Q2 2024, according to the Ghana Statistical Service’s (GSS) latest quarterly report. Trade volumes and export […]

Ghana’s inflation hits six-month high driven by rising food prices  

Ghana’s annual inflation rate rose to 23 percent in November, reaching a six-month high as food prices continued to surge, the Ghana Statistical Service (GSS) has announced. This marks the third consecutive monthly increase in inflation, up from 22.1 percent in October and driven predominantly by rising costs of staples such as vegetables, tubers, and […]