9月17日,加纳银行将基准货币政策利率下调350个基点至21.5%,理由是持续的通货紧缩、强劲的增长和更强的外部缓冲。8月份整体通胀率降至11.5%,为四年来的最低水平。经济活动依然强劲,2025年第二季度实际GDP增长6.3%,非石油GDP增长7.8%,这得益于农业和服务业的稳健增长。对外部门继续加强,截至8月底,临时贸易顺差为62亿美元,国际储备总额为107亿美元,相当于4.5个月的进口保障。今年迄今为止,塞地对美元升值了21%,仍是全球最强劲的货币之一。尽管公用事业电价调整存在潜在风险,但央行注意到通胀预期普遍稳定,外部缓冲有所改善,国内信心不断增强,重申其致力于在不破坏近期收益的情况下支持复苏。
The Bank of Ghana cut its benchmark monetary policy rate by 350 bps to 21.5% on September 17th, citing sustained disinflation, robust growth, and stronger external buffers. Headline inflation fell to 11.5% in August, the lowest level in four years. Economic activity remained strong, with real GDP expanding 6.3% in Q2 2025 and non-oil GDP rising 7.8%, supported by solid gains in agriculture and services. The external sector continued to strengthen, with a provisional trade surplus of $6.2 billion and gross international reserves of $10.7 billion by the end of August, equivalent to 4.5 months of import cover. The cedi appreciated 21% year-to-date against the US dollar, remaining among the strongest currencies globally. Despite potential risks from utility tariff adjustments, the central bank noted broadly anchored inflation expectations, improved external buffers, and growing domestic confidence, reaffirming its commitment to supporting the recovery without undermining recent gains.