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Consumer spending records mixed performance in 5-months of 2026, but manufacturing activities improved – BoG

By GhanaSummary Newsroom1 min read
Consumer spending records mixed performance in 5-months of 2026, but manufacturing activities improved – BoG

313 billion for the corresponding period of last year.

Consumer spending, proxied by domestic VAT collections and retail sales, posted a mixed performance in May 2026 compared with the corresponding period in 2025, the July 2026 Monetary Policy Report (MPR) of the Bank of Ghana has revealed.

Cumulatively, total direct taxes collected for the first five months of 2026 went up by 16.

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