Based on easing inflationary pressures and optimism about macroeconomic conditions, the latest confidence surveys by the Bank of Ghana showed significant improvement in consumer and business indices, the highest in the last seven years.
On the domestic front, the Central Bank's high frequency real sector indicators also pointed to a sustained pickup in economic activity.
It mentioned that its updated Composite Index of Economic Activity (CIEA) increased by 2.3% year-on-year in March 2025, compared with 1.0% over the same period last year.
This was mainly driven by exports, credit to the private sector, and construction activities.
