- The GSE-CI and GSE-FSI made week-on-week gains of 0.44% and 0.91% respectively, as the market closed with a year-to-date return of -19.29%.
- At last week's auction, Government raised GHS 2,160.65m from Cedi denominated securities and US$ 388.90m from a 3-Year USD Bond.
ECONOMIC SCOOP
Inflation drops for the third straight month to 10.10% for October 2020
- Ghana’s inflation rate declined to 10.10% in October 2020 from 10.40% in September 2020.
- However, Food inflation increased to 12.60% from 11.20%, while inflation on Non-Food items dropped to 8.30% from 9.80%.
- The Greater Accra Region recorded the highest inflation rate of 15.20% whereas the Upper West Region had the lowest inflation rate of 1.60%.
