Tag: Prof. Samuel Annim
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Provisional GDP for 2020 1st quarter increases to 92.5 billion cedis
Provisional figures released by the Ghana Statistical Service shows that the country’s first quarter Gross Domestic Product (GDP), that is from January to March at current prices, increased to 92.5 billion cedis. Compared to the same period in 2019, the figure was at 84.8 billion cedis. On sector basis, Services recorded the highest growth rate…
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Ghana’s economy records 6.7 percent growth in 2019 first quarter
Provisional figures released by the Ghana Statistical Service (GSS) shows that Ghana’s Gross Domestic Product(GDP) grew by 6.7 percent in the first quarter of 2019. This is compared to the same period in 2018 which was at 5.4 percent. Speaking at a press conference, the Government Statistician, Professor Samuel Kobina Annim pointed out that the…
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Ghana’s economy grows by 6.3% in 2018
Ghana’s economy grew by 6.3 percent in 2018, witnessing a drop in growth when compared to the 8.1 percent recorded in 2017. The total value of all goods and services produced in the country in 2018 also amounted to 154.5 billion cedis. Per figures released by the Ghana Statistical Service, the industry subsector recorded the…
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Commodity prices, cedi depreciation push Producer Price Inflation up to 6.7%
The producer price inflation rose to 6.7 percent in March 2019. This is 3 percent higher compared to the 3.7 percent recorded in the same period in 2017. The Ghana Statistical Service attributes the rise to the prevailing prices of commodities like gold and petroleum on the international world market. The Government Statistician, Professor Samuel…