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Inflation drops to 12.1% in June 2017

Ghana’s inflation rate for the month of June 2017 has dropped significantly to 12.1 percent.Since the last Monetary Policy Committee (MPC) meeting, headline inflation declined from 13.0 percent in April 2017 to 12.6 percent in May and subsequently to 12.1 percent in June.

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Retailers dismiss price hikes over 3% VAT Flat rate

The implementation of the 3% VAT Flat rate took off on the 1st of July this year.Its implementation was however not received well by some business associations.

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