{"id":104324,"date":"2025-11-27T11:02:39","date_gmt":"2025-11-27T11:02:39","guid":{"rendered":"https:\/\/sotnews.agency\/?p=104324"},"modified":"2025-11-27T11:02:39","modified_gmt":"2025-11-27T11:02:39","slug":"economic-activity-records-a-strong-outturn-in-october-2025-consumer-confidence-surges-bog","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=104324","title":{"rendered":"Economic Activity records a strong outturn in October 2025; consumer confidence surges \u2013 BoG"},"content":{"rendered":"
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The Bank of Ghana\u2019s updated Composite Index of Economic Activity (CIEA) recorded a strong growth outturn of 9.6% in October 2025.<\/p>\n

This is compared to 2.9% growth for the corresponding period of 2024.<\/p>\n

According to the Monetary Policy Committee (MPC) report, the Composite Index of Economic Activity is also posting strong gains<\/p>\n

It revealed that industrial production, international trade activities, credit to the private sector, and consumption contributed to the increase in the Index over the period.<\/p>\n

According to the MPC, its latest confidence surveys, conducted in October 2025, reflected continued optimism on current and future economic conditions.<\/p>\n

Also, Ghana\u2019s Purchasing Managers\u2019 Index improved on account of new orders in response to the increased pace of economic activity.<\/p>\n

\u201cTaken together, these gains indicate that the negative output gap is closing\u201d, it pointed out.<\/p>\n

The Central Bank concluded that the expectation is that, should this momentum be maintained in September 2025, the Gross Domestic Product (GDP) growth outturn for the year will remain strong.<\/p>\n<\/div>\n

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\"EconomicAccording to the MPC, its latest confidence surveys, conducted in October 2025, reflected continued optimism on current and future economic conditions.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2367,12,12982,319,2208,2534,12983,10,9],"tags":[],"class_list":["post-104324","post","type-post","status-publish","format-standard","hentry","category-bog","category-business","category-ciea","category-economy","category-hp-business-2","category-mpc","category-pmmi","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/104324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104324"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/104324\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}