Near-term outlook of inflation uncertain – GCB Capital
GCB Capital has indicated that the short-term inflation outlook is uncertain despite ongoing disinflation. While the firm anticipates the disinflation trend to persist in the second half of 2024, inflation levels remain high. In June 2024, inflation decreased to 22.8%. However, GCB Capital expects that increased cedi liquidity, driven by the election momentum in the … Read more