Audio By Carbonatix
Inflation for the month of March records marginal increase.
It stood at 8.8 percent up from February’s figure of 8.6 percent.
This means though prices of goods and services generally went up in March the rate of increase or change was a little lower compared to the previous month.
Head of Economist Statistics Ebo Duncan explained to Joy Business what accounted for the decline.
“If you take some of these things, you will see that if you have exchange rate problems, it can lead to price hikes,” he said.
He said the decline in the value of the cedi can partially be blamed for the increase in inflation but said other factors also come into play.
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
-
VAT reforms to lower prices, boost compliance – GRA
30 minutes -
Ghana positions itself as investment-ready at inaugural Philadelphia Business Forum
34 minutes -
Ghana explores maritime and trade opportunities at Philadelphia Port
1 hour -
Salaga South MP condemns abuse of Dodowa schoolgirl , assures family of accountability
2 hours -
Joy at the Mall: Music, games and shopping deals light up Day Two at Achimota
2 hours -
GPL 2025/26: Hearts batter beggarly XI Wonders to keep title hopes alive
2 hours -
IEU appeals to government to recruit Arabic teachers as graduates remain unemployed
2 hours -
UG Nursing School commends AfDB, SIF for Project Support
2 hours -
SIF hands over UG Microbiology Lab at Korle-Bu for upgrade
3 hours -
SIF hands over UG Biotechnology Research Centre Site to contractors
3 hours -
11 arrested for engaging in illegal mining at Atiwa
4 hours -
Trump threatens Canada with 100% tariffs over China trade deal
4 hours -
Two days of peace talks end as Russia continues Ukraine attacks
4 hours -
GOC offers an Olympic Scholarship to female athletes.
5 hours -
Peace Pacts, Political Widows & Other Campaign Strategies
5 hours