- The impact of a drop in EGH's price proved weightier against four gainers on the GSE, as the two indices recorded declines in the week.
- Government missed its target of GHS 1,000.00m from the issuance of a new 5-Year Bond through which it raised GHS 616.30m.
ECONOMIC SCOOP
Further easing in food prices brings inflation rate down to 10.40%.
- Food inflation which accounted for 47.60% of inflationary pressures in September slid from 11.40% in August 2020 to 11.20% in September 2020, causing overall inflation to drop from 10.50% to 10.40%.
- Likewise, non-food inflation dipped from 9.90% in August 2020 to 9.80% in September 2020.
- Greater Accra witnessed the highest inflation rate of 14.30%, while the Upper West Region recorded the lowest inflation rate of 1.30%.
