GTBank opens Makola branchposted Yesterday at 17:21
Cedi to depreciate by 9 percent in 2013 posted Today at 19:00
Minister charges EDAIF to decentralize and support SMEsposted Today at 10:06
First credit ratings agency likely to begin operations in Ghana this year posted Today at 16:57
Expresso more focused on data services -CEOposted Today at 15:37
BoG boss hints of possible tightening in monetary policy rateposted Yesterday at 13:17
ACEP commends Ghana’s impressive performance on 2013 RGIposted Today at 13:41
President Mahama urges GCB to support start-up businessesposted Today at 10:57
Stop the plunder of Africaposted Today at 15:36
MTN gives Owerriman SHS dormitoryposted Yesterday at 11:59
Inflation moves up marginally to 9.3 percent backposted on Wed, 13 Jun at 18:42
It however remained in the single digit bracket for the 26th successive month.
The upward trend had been predicted after the value of the cedi depreciated to some extent during the period.
General Price levels of goods and services shot up by 2.0 percent during the period compared to 1.6 percent recorded in April.
Both food and non-food inflation also went up by 5.0 and 11.9 percent respectively.
The Central region continued to record the highest inflation rate of 12.4 percent while the Upper East and Upper West regions recorded the least inflation rate of 5.6 percent.
Both Greater Accra and Ashanti regions recorded inflation rates higher than the national average of 9.3 percent.
Meanwhile, the cedi fell marginally against the major foreign currencies today despite remaining relatively stable since last week.
The local currency traded between one cedi 85 pesewas and one cedi 89 pesewas on the interbank market. You will currently need one cedi 95 pesewas to buy a dollar on the forex market