Industry in Ghana

Ghana Industry | Economic News & Forecasts

Ghana - Industry

The economy seems to have finished 2018 on a strong footing, following a robust third-quarter outturn, which came against the backdrop of surging mining and quarrying output. Easing inflationary pressures and the more stable cedi likely propped up household consumption growth in the fourth quarter. This was reflected by consumer sentiment rising in December. Furthermore, the average PMI improved slightly in Q4 from the previous quarter, on the back of healthy new orders growth pointing to sustained demand in the manufacturing sector. On the external front, metrics were less upbeat in Q4, as reflected by contracting merchandise exports. This came against the backdrop of cooling global growth and continued global trade war tensions.

Ghana - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)6.6  0.8  -0.3  -0.5  16.7  

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Ghana Facts

Exchange Rate5.100.0 %Feb 20
Stock Market0.10.0 %Feb 20

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