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Ghana’s Economic Activity Grows by 6.8% in August 2026 – GSS

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Ghana’s Economic Activity Grows by 6.8% in August 2026 – GSS
Source: Wesleyan News Choice

Ghana’s economic activity grew by 6.8 per cent in August 2026, up from 5.3 per cent recorded during the same period in 2025, driven largely by strong performance in the services sector.

This is according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service (GSS) on Wednesday, November 11, 2026.

The report shows that the overall economic activity index increased from 108.0 in August 2025 to 115.4 in August 2026.

The services sector emerged as the biggest contributor to the growth, recording an expansion of 10.7 per cent, compared with 7.1 per cent in the same period last year.

The sector accounted for 69.9 per cent of overall economic growth, with the Information and Communication subsector identified as a major driver of its performance.

The industrial sector also recorded an improvement, growing by 4.5 per cent, compared with 0.8 per cent in August 2025. The expansion was driven mainly by manufacturing, alongside contributions from mining and quarrying.

Industry accounted for 21.2 per cent of the overall growth in economic activity.

Agriculture, however, recorded a significant slowdown, expanding by 2.6 per cent, compared with 8.6 per cent in the corresponding period last year.

The sector contributed 6.8 per cent to overall economic growth, with crops and livestock driving its performance. Net taxes on products accounted for the remaining 2.1 per cent.

The GSS explained that the MIEG provides a monthly assessment of economic activity and serves as an early indication of economic performance ahead of the quarterly Gross Domestic Product (GDP) figures.

The Service noted that the August 2026 figures are provisional and subject to revision as additional data become available.

It also disclosed that the July 2026 growth rate had been revised downward from 7.4 per cent to 7.0 per cent.

The next release, covering economic activity for September 2026, is scheduled for December 9, 2026.