# Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force

Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force was 14.0% in October 2026, unchanged from September 2026 and down 4.0 percentage points from a year earlier.
Over the past ten years it has ranged from 13.5% (Jun 2021) to 30.0% (Aug 2023), averaging 20.4%.

- Source agency: Bank of Ghana
- Makrognosis code: `GH.IR.M.NSA`
- Frequency: monthly
- Units: % p.a.
- Coverage: 2002-11-01 to 2026-10-01 (288 observations)
- Page: https://makrognosis.robomacro.com/data/ghana/monetary-policy-rate-bank-of-mpc-calendar-month-average-of-the-official

## Recent data

| Period | Value |
|---|---:|
| October 2026 | 14.0% |
| September 2026 | 14.0% |
| August 2026 | 14.0% |
| July 2026 | 14.0% |
| June 2026 | 14.0% |
| May 2026 | 14.0% |
| April 2026 | 14.0% |
| March 2026 | 14.8% |
| February 2026 | 15.5% |
| January 2026 | 17.7% |
| December 2025 | 18.0% |
| November 2025 | 18.0% |
| October 2025 | 18.0% |
| September 2025 | 21.9% |
| August 2025 | 25.0% |
| July 2025 | 27.8% |
| June 2025 | 28.0% |
| May 2025 | 28.0% |
| April 2025 | 28.0% |
| March 2025 | 27.1% |
| February 2025 | 27.0% |
| January 2025 | 27.0% |
| December 2024 | 27.0% |
| November 2024 | 27.0% |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/GH.IR.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/GH.IR.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```