Databank Research

Ghana's headline inflation declined by 880bps to 26.40% in November.

The Monetary Policy Committee of the Bank of Ghana has maintained the monetary policy rate unchanged at 30%, while increasing the cash reserve ratio of banks to 15%. The decision aimed at ensuring a sustained decline in inflation.

Ghana’s Aug-23 headline inflation falls by 300bps to 40.10% from 43.10% in Jul-23.

Ghana’s headline inflation print for Jul-23 at 43.1% from 42.5% in Jun-23.

“I do think our stock is undervalued and it’s a good time for investors to buy” - Selorm Adadevoh, CEO of MTN Ghana mentioned at the MTN Ghana Investor Connect held at the Group’s Head Office in Accra. His stance comes despite the stock price being at an all-time high of GHS1.55

MTN Ghana’s share price hits an all-time high of GHS1.55

Ghana’s headline inflation inched 30bps upwards to 42.5% in Jun-23, from 42.2% in May-23.

Ghana’s headline inflation for May 2023 increased by 100bps to 42.2%, from 41.2% in April 2023.

Ghana has secured an IMF Board-Level agreement for the US$3bn loan bailout. imf.org/en/News/Articl…

Ghana’s headline inflation for April-2023 hit 41.2% from 45.0% in Mar-2023.

GCB Bank PLC (GSE Ticker: GCB) has recorded a loss of GH¢555.8mn for the 2022 financial year, owing to the impact of the Domestic Debt Exchange Programme.

Standard Chartered Bank PLC (GSE Ticker: SCB) has reported a loss of GH¢299.6mn for the 2022 financial year, following the impact of the Domestic Debt Exchange Programme.

Ghana’s headline inflation has declined by 780bps to 45% for Mar-23, from 52.8% in Feb-23.

The Bank of Ghana has increased the Monetary Policy Rate by 150bps to 29.5%

Ghana’s headline inflation for Feb-2023 dropped for a 2nd consecutive time to 52.8% from 53.6% in Jan-2023.

Ghana’s headline inflation for Jan-23 eases slightly to 53.6% from 54.1% in Dec-22.

The MPC increases Monetary Policy Rate by 100bps to 28% myjoyonline.com/policy-rate-in…

Ghana’s headline inflation for Dec-22 has increased by 3.8% to 54.1%, from 50.3% in Nov-22.

Ghana’s headline inflation for Nov-22 has increased to 50.3%, from 40.4% in Oct-22.

The IMF has reached a staff-level agreement on a US$3 billion extended credit facility with the government of Ghana. imf.org/en/News/Articl…