{
  "id": 1664259,
  "title": "Growth slows to 5.1% in May 2026 – GSS",
  "url": "https://urgent.news/2026/08/18/growth-slows-to-5-1-in-may-2026-gss",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T07:48:07.000Z",
  "source": {
    "name": "Ghanaian Times",
    "slug": "ghanaian-times",
    "url": "https://ghanaiantimes.com.gh/growth-slows-to-5-1-in-may-2026-gss/"
  },
  "original_language": "en",
  "account": "Ghana's economy experienced a deceleration in growth during May 2026, expanding by 5.1% year-on-year, according to the Monthly Indicator of Economic Growth (MIEG) report by the Ghana Statistical Service (GSS). This marked a modest decline from the 6.6% growth recorded in the same period of 2025. The MIEG revealed that the economy continued to expand, with the index rising to 121.9 in May 2026 from 115.9 a year earlier, indicating sustained overall growth. The services sector, which includes information and communication, financial services, transport, and trade, led economic activity, expanding by 7.2% and contributing 51% of the total growth. Other sectors, such as the agriculture and industry sectors, also registered growth, with the agriculture sector growing by 3.6% and the industry sector expanding by 4.2%. However, the services sector's growth rate was relatively higher compared to the 3.6% recorded in the agriculture sector. Dr Alhassan Iddrisu, the Government Statistician, emphasized that the MIEG provides a monthly assessment of economic performance, allowing policymakers, businesses, and households to monitor the economy more frequently. He noted that the agriculture sector, while growing, still requires renewed policy attention to enhance its contribution to overall growth.",
  "summary": "Ghana’s economy continued to expand in May 2026, although at a slower pace than a year earlier, with growth driven largely by the services sector, the Monthly Indicator of Economic Growth (MIEG) has revealed. The economy grew by 5.1 per cent year-on-year in May 2026, compared with 6.6 per cent recorded during the same period … The post Growth slows to 5.1% in May 2026 – GSS appeared first on…",
  "key_points": [
    "Ghana's economy grew 5.1% in May 2026, down from 6.6% in May 2025",
    "Services sector led growth at 7.2%, contributing 51% of total growth",
    "Agriculture sector expanded 3.6%, industry grew 4.2%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}