Thursday, May 23, 2013

Ghana: Latest numbers from the Central Bank indicate a slow down in growth of economy in 1st quarter

Latest reports from Ghana indicate a slow down in the country's economy.

The Governor of the Central Bank of Ghana, Henry Kofi Wampah indicated that business and consumer sentiments on growth prospects have also softened amid heightened inflation expectations.

The Central Bank's Composite Index of Economic Activity (CIEA) - a rough measure of the pace of economic activity, dropped by 0.6 percent in May after a 14.8 percent growth in March.

The period also saw all the components of

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