{
  "id": 9749312,
  "title": "Consumer, business sentiments positive – BoG",
  "url": "https://urgent.news/2026/09/25/consumer-business-sentiments-positive-bog",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T10:15:43.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/consumer-business-sentiments-positive-bog/"
  },
  "original_language": "en",
  "account": "The Bank of Ghana's consumer and business confidence surveys in August 2026 revealed optimistic attitudes, according to a report. This optimism stems from a stable macroeconomic environment and positive outlook for economic growth. The Central Bank highlighted that the Composite Index of Economic Activity (CIEA) showed robust annual expansion of 14.9% in July 2026, up from 6.1% in July 2025. Key factors driving this growth include the credit market for the private sector, international trade activities, and consumption of goods and services.\n\nWhile headline inflation rose to 5.0% in August 2026 from 4.6% in July 2026, this increase was driven primarily by non-food inflation. Non-food inflation jumped to 6.8% from 6.1% in July due to factors such as tariff hikes on utilities and higher crude oil prices. However, food inflation remained low and even slightly decreased to 3.0% from 3.1% in July, attributed to better food supply conditions. The Bank of Ghana affirmed that despite the inflation uptick, headline inflation remained within the lower range of the medium-term target band of 8 ± 2%.",
  "summary": "According to the Central Bank, the updated Composite Index of Economic Activity (CIEA) recorded a strong annual growth of 14.9% in July 2026, compared to 6.1% in July 2025.",
  "key_points": [
    "Consumer and business confidence surveys show optimism in August 2026",
    "Composite Index of Economic Activity grew 14.9% in July 2026",
    "Inflation increased to 5.0% in August 2026, with food inflation down to 3.0%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Consumer, business sentiments positive – BoG",
        "url": "https://urgent.news/2026/09/25/consumer-business-sentiments-positive-bog-9754339",
        "published": "2026-09-25T10:15:43.000Z"
      }
    ]
  },
  "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."
}