Audio By Carbonatix
The Ghana Statistical Service (GSS) announced on Wednesday 10th April, that inflation has inched up from 10 per cent recorded in February to 10.4 percent in March.
At a press conference in Accra Dr Philomena Nyarko, Acting Government Statistician, said the year-on-year non-food inflation rate was 13.2 per cent, compared to 12.6 per cent the previous month.
Both the food and non-food inflation all shot up from 5.3 and 12.6 percent to 5.5 and 13.2 percent respectively. The monthly change was also up by 1.7 per cent meaning prices of goods and services went up in March.
Also, food and non-alcoholic beverages group recorded an average year-on-year inflation rate of 5.5 per cent, 0.2 percentage points higher than the 5.3 percent in February.
On the other hand, Dr Nyarko said the non-food recorded an inflation rate of 13.2 per cent with transport, clothing and footwear and education and miscellaneous goods and services all rising above the group average.
“The year-on-year food inflation rate was about two and a half times lower than the non food inflation rate,” she said.
Three Greater Accra, Ashanti and Northern regions recorded inflation rates above the national average of 10.4 per cent.
Greater Accra region recorded the highest inflation rate of 12.2 per cent followed by the Ashanti with 11.2 percent. The Western region was next with an inflation rate of 10.5 per cent.
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
-
Gov’t invests GH¢443m in Free Primary Health Care – Dr Asare Bampoe
14 minutes -
ECG announces power outages in parts of Accra West and Central regions
32 minutes -
Otumfuo calls for urgent action to end maternal deaths in Ghana
35 minutes -
Prioritise Bawumia’s interest and vote on merit – NPP elder urges delegates Â
36 minutes -
Jason Arday death ‘tragedy on so many levels’ says PM
2 hours -
Rotary Club donates phototherapy machine to Ussher Hospital
2 hours -
Analysis: Jason Arday’s death will send shockwaves through a divided academia
2 hours -
CJ’s vacation warrants not limited to politically sensitive cases – Victoria Bright
3 hours -
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
3 hours -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
3 hours -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
3 hours -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
3 hours -
The rise and rise of Azigi
4 hours -
Is Angela List being targeted? Government must reconsider the Adamus revocation
4 hours -
Bezos-backed consortium buys a third of Liverpool
4 hours