Business, consumer confidence improves on macroeconomic conditions - BoG

Dr. Johnson Asiama is BoG Governor

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The Bank of Ghana’s Composite Index of Economic Activity (CIEA) registered further improvement in the last quarter of 2025.

According to the Monetary Policy release, the Index recorded 8.8% growth in November 2025, compared to 1.5% growth in November 2024.

The report highlighted that international trade activities, credit to the private sector, industrial production and consumption contributed to the improvement in the CIEA during the period.

Furthermore, the latest consumer and business confidence surveys continued to point to improved sentiments on macroeconomic conditions.

Again, most survey respondents cited easing inflation conditions, stable currency, prospects for lower borrowing costs, short-term realisation of industry prospects, and attainment of company targets as reasons for the optimism.

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