05
May
Data for the opening month of the second quarter signalled a sustained improvement in Ghana’s private sector. Customer demand improved, with easing inflationary pressures helping to stimulate new orders. This fed through to higher business activity. In order to meet increased new orders, firms expanded their employment and purchasing activity. The S&P Global Ghana Purchasing Managers’ Index (PMI) posted 51.3 in April, up from 50.9 in March and above the 50.0 no-change mark for the third month running. The latest reading signalled a modest improvement in the health of the country’s private sector, and one that was the largest since…