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      Debswana sponsors BFA’s National First Division League with P3.9m 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      BCF Aims to Resuscitate Chess this Year

      BCF Aims to Resuscitate Chess this Year

      Tebogo’s Move to US on Hold

      “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

      NSAs decry Absence of School Sports 

      NSAs decry Absence of School Sports 

      BCF fails to send Team to Continental Schools Chess Champs

      BCF fails to send Team to Continental Schools Chess Champs

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      Ghana GDP print exceeds consensus expectations

      mm by RMB Africa Research
      September 22, 2022
      in News
      Reading Time: 1 min read
      0
      Ghana GDP print exceeds consensus expectations

      Ghana GDP growth year-on-year in % (constant prices). Source: ETM Analytics, Bloomberg

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      Economic growth in Ghana surprised to the upside in 2Q, accelerating to 4.8 percent y/y from 3.4 percent y/y in the first three months of 2022.

      The 2Q GDP print exceeded consensus expectations of a slowdown to 2.7 percent y/y and was driven by manufacturing and cocoa production. Growth in the manufacturing sector accelerated to 4.4 percent from a year earlier, compared with a 0.5 percent contraction in the prior quarter.

      The better-than-expected growth figure in 2Q is, however, unlikely to signal a reversal in Ghana’s growth trajectory, given that the effects of the war in Ukraine are yet to fully filter through, inflation continues to surge, monetary policy is tightening and business conditions continue to deteriorate

      Tags: GDPGhana

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