Population in Ghana
Ghana - PopulationThe economy posted solid growth in the second quarter, propped up by soaring output within the industrial sector. The industrial sector’s strong performance was underpinned by the booming mining and quarrying industry, which expanded by nearly a quarter in Q2 in annual terms. On the external front, solid global demand and higher prices for gold and cocoa—Ghana’s top two export commodities—were likely behind a marked acceleration in exports in the second quarter. Incoming data suggests that the economy likely lost some traction in the second half of the year, however. The PMI slipped into negative territory in September, signaling a deterioration in Ghanaian business conditions and, despite bouncing back to positive territory in October, points to a slowdown in private sector activity in the second half of 2018. Meanwhile, inflation remained moderately elevated in Q3 which, coupled with a weakening currency, potentially weighed on household purchasing power, boding ill for private consumption growth in Q3.
Ghana - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||4.84||0.0 %||Dec 11|
|Stock Market||0.1||0.0 %||Dec 07|
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December 12, 2018
Consumer prices rose 0.7% in November, unchanged from the previous month’s print.
December 5, 2018
The Stanbic IBTC Bank Ghana Purchasing Managers’ Index (PMI) rose from 50.2 points in October to 50.5 points in November.
November 26, 2018
At its three-day meeting concluding on 26 November, the Monetary Policy Committee (MPC) of the Bank of Ghana (BOG) decided to keep the policy rate on hold at 17.00%.
November 15, 2018
Consumer prices rose 0.7% in October from the previous month (September: 0.0% month-on-month).
November 5, 2018
The Stanbic IBTC Bank Ghana Purchasing Managers’ Index (PMI) rose to 50.2 points in October from 49.2 points in September.