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Home Economy

Impact of Covid-19 on real sectors of the economy in charts

5 years ago
in Economy, highlights, Home, home-news, latest News
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The following panel of charts provide pictorial information on how the variables in the composite index of economic activity have been impacted by the COVID-19 pandemic shock and trends following the lifting of the partial restrictions.

Following a contraction in March, April and May, the real Composite Index of Economic Activity (CIEA) recorded an annual growth of 10.5 percent in September 2020, compared with 4.2 percent growth a year ago.

The main drivers of economic activity at this MPC round are construction, consumption, credit to the private sector and improvements in business and consumer confidence.

View charts below:

Source: Bank of Ghana
Via: norvanreports
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