Ghana Purchasing Managers’ Index (PMI) dipped to 49.7 in June 2024 from 51.6 in May, according to S&P Global. The index signalled a marginal monthly deterioration in business conditions, ending a four-month sequence of improvement. According to the report, the strong inflation was a key issue for the private sector in June 2024 and was largely responsible for the renewed downturn at the end of the second quarter.