加纳股票指数 (GGSECI) 加自选

2025年第二季度，加纳经济同比增长6.3%，高于上一季度修正后的5.7%，为2024年第三季度以来的最快增速。服务业引领增长，飙升9.9%，非石油GDP增长7.8%，其中也包括制造业和采矿业。农业也在扩张，而石油产量却在萎缩。

Ghana’s economy expanded 6.3% year-on-year in Q2 2025, up from a revised 5.7% in the previous quarter, marking the fastest pace since Q3 2024. Growth was led by the services sector, which surged 9.9%, contributing to a 7.8% rise in non-oil GDP, which also includes manufacturing and mining. Agriculture also expanded, while oil output contracted.

加纳的年度消费者通胀率在2025年8月降至11.5%，为2021年10月以来的新低，连续第八个月呈下降趋势。塞迪从商品价格上涨中看到了力量，支持了加纳通胀的下降，但最近出现了一些疲软的迹象。8月份，食品通胀率从一个月前的15.1%降至14.8%，而非食品价格增长从9.5%降至8.7%。按月计算，8月份CPI在上个月上涨0.7%后下降了1.3%。

Ghana's annual consumer inflation fell to 11.5% in August 2025, a new low since October 2021, extending its downward trend for the eighth month. The cedi saw strength from rising commodity prices, supporting Ghana’s declining inflation, but some signs of weakness have recently emerged. Food inflation cooled down to 14.8% in August from 15.1% a month earlier, while non-food price growth eased to 8.7% from 9.5%. On a monthly basis, the CPI decreased by 1.3% in August, after a 0.7% rise in the previous month.

2025年7月，加纳的年度消费者通胀率进一步降至12.1%，为2021年10月以来的最低水平，连续第七个月呈下降趋势。在黄金和可可价格上涨的推动下，塞地持续的韧性发挥了核心作用。7月份食品通胀率从一个月前的16.3%降至15.1%，非食品价格增长从前一个月的11.4%降至9.5%。CPI在上月下降1.2%后，环比上涨0.7%。

Ghana's annual consumer inflation fell further to 12.1% in July 2025, the lowest since October 2021, extending its downward trend for the seventh month. The cedi’s ongoing resilience, fueled by rising gold and cocoa prices, played a central role. Food inflation decelerated to 15.1% in July from 16.3% a month earlier and non-food price growth eased to 9.5% from 11.4% the month before. On a monthly basis, the CPI rose by 0.7%, after a 1.2% decrease in the prior month.

加纳银行于7月30日将基准货币政策利率下调300个基点至25%，理由是持续的通货紧缩、强劲的增长和更强的外部缓冲。6月份整体通胀率降至13.7%，为2021年12月以来的最低水平。经济活动依然强劲，2025年第一季度实际GDP增长5.3%，非石油GDP增长6.8%，这得益于农业和服务业的稳健增长。对外部门继续加强，2025年上半年临时贸易顺差为56亿美元，经常账户顺差为34亿美元，均大幅高于去年同期。截至6月底，国际储备总额增至111亿美元。今年迄今为止，塞地对美元升值了42.6%。尽管全球前景疲软，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 300 bps to 25% on July 30, citing sustained disinflation, robust growth, and stronger external buffers. Headline inflation fell to 13.7% in June, the lowest level since December 2021. Economic activity remained strong, with real GDP expanding 5.3% in Q1 2025 and non-oil GDP rising 6.8%, supported by solid gains in agriculture and services. The external sector continued to strengthen, with a provisional trade surplus of $5.6 billion and a current account surplus of $3.4 billion in the first half of 2025, both sharply higher than a year earlier. Gross international reserves rose to $11.1 billion by the end of June. The cedi appreciated 42.6% year-to-date against the US dollar. Despite a weakening global outlook, 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.