07
Mar
February data signalled a renewed improvement in business conditions across Ghana’s private sector, thereby ending a one-year period of deterioration. Softer price pressures helped lead to a revival of demand, supporting expansions in both new orders and business activity. Companies also increased their staffing levels, for the third month running. The S&P Global Ghana Purchasing Managers’ Index moved back above the 50.0 no-change mark during February, posting 50.2 from 47.2 in January. The index signalled a first-strengthening of the private’s health in just over a year, albeit that it was only marginal overall. Both output and new orders returned to…