
Audio By Carbonatix
The rate of inflation fell to 9.13 per cent from 9.16 per cent in March, a marginal decline of 0.03 percentage points from February, the Ghana Statistical Service (GSS) said on Wednesday.
This means that general price levels in the country rose at the level of 9.13 percent year on year.
Inflation has consistently fallen since June 2009, when the rate stood at 20.74 per cent, to 8.58 per cent in December 2010.
The trend, however, changed in January and February when the rate went up by 0.50 and 0.08 percentage points respectively.
Dr Grace Bediako, Government Statistician, attributed the marginal fall to the downward influence of the food and non-alcoholic beverages group on inflation.
The food and non-alcoholic beverages group, which has been registering single digit inflation rate since January 2010, recorded an average inflation rate of 4.7 per cent.
On the other hand, non-food inflation rate, recorded an average of 12 per cent in March due to appreciable inflation rate in transport, alcoholic beverages, water and electricity, among others.
Inflation rates in the regions ranged from 6.50 per cent in the Brong-Ahafo Region to 11.81 per cent in Greater Accra Region.
The Upper East and West, Ashanti and Greater Accra regions recorded inflation above the national rate of 9.13 per cent.Source: GNA
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
-
Cape Coast: Toddler confirmed dead, 2 injured as rain induced mudslide destroys homes
5 minutes -
Reform education to conform to Artificial Intelligence – Technical universities urged
5 minutes -
Signs grow that Starmer will set out timetable to resign as mood in government shifts
5 minutes -
Tight security as Indian students resit medical exam after alleged paper leak
15 minutes -
Fuel sales halted in occupied Crimea as Ukraine targets oil facilities
45 minutes -
National Juniors Challenge to introduce STEM Fair as competition expands – Founder
2 hours -
Photos: National Juniors Challenge launches eighth edition, 46 schools’ ballot for national championship
2 hours -
I work with whoever Ghanaians elect as President; I’m now working with Mahama – Asantehene declares in Canada
2 hours -
France bans alcohol at music festival events under red heatwave alert
2 hours -
National Juniors Challenge launched as 46 schools’ ballot for eighth national championship
2 hours -
Menstrual dignity project restores hope for schoolgirls in Amanase
2 hours -
Oye Bampoe Addo leads presidential staffers to present ₵6.1m cheque to Ghana Medical Trust Fund
3 hours -
IGP deploys special operations support team to Nkwanta following attacks
3 hours -
US-Iran talks to begin in Switzerland as Tehran says it closed Strait of Hormuz
4 hours -
The 3 things every World Cup fan should remember: Breathe, Hydrate, and Choose Healthy Snacks
5 hours