Audio By Carbonatix
Inflation, the main indicator of movements in the prices of goods and services slowed down again in the month of September.
It recorded 9.38 percent down from the August figure of 9.44.
The trend means that even though prices of goods and services generally went up in September, the rate of increase was less than that of August.
This is the 15th consecutive drop in inflation since June last year.
Chief Government Statistician, Dr. Grace Bediako who announced the latest drop in Accra Wednesday.
She attributed the decline to a reduction in the prices of foodstuffs or the food component of the inflation index.
Source: Joy Business
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana ‘scandalised’ by rising job losses under NDC – Dr Adomako Kissi
6 minutes -
De Mayor Foundation supports over 700 widows and vulnerable persons in Adeiso
24 minutes -
Poll shows Mahama widening lead in hypothetical 2024 re-run
38 minutes -
Police Hospital relieved as new facility for ‘unknown patients’ eases long-standing burden
46 minutes -
Gender Ministry empowers Kayayei with health, financial literacy and safety skills
1 hour -
Goldbod’s gold strategy has anchored currency stability and economic confidence – Senyo Hosi
1 hour -
‘The law is the law’ – Mahama insists as Asake pleads on Cyborg’s behalf over firearm incident
1 hour -
Police arrest 2 over illegal possession of 2,600 AK-47 ammunition in Ashanti Region
1 hour -
Goldbod is rewriting Ghana’s gold story and restoring national value – Senyo Hosi asserts
2 hours -
Goldbod: Loss or no loss? The price of everything and the value of nothing
2 hours -
Goldbod’s $214m cost isn’t a loss but a strategic policy investment – Senyo Hosi
2 hours -
Government settles US$709m Eurobond obligations ahead of due date
2 hours -
Low inflation and cheaper imports show Goldbod’s true economic value – Senyo Hosi
2 hours -
VAT reforms: GRA raises registration threshold to GH¢750,000, cuts rate to 20% from Jan. 2026
2 hours -
Cedi appreciation saved Ghana over GH¢12bn in debt and power payments – Senyo Hosi
2 hours