Audio By Carbonatix
Ghana Statistical Service has revealed that rising food prices pushed the inflation rate to 19.4 percent in March, 2022, the highest since August, 2009.
Foodstuffs such as Oil and Fats (28.2%), Water (27.1%), Cereal Products (25.0%), Vegetables (23.8%), Fish and Other Seafood (23.7%), Fruits and Nuts (22.1%), Soft Drinks (20.5%) and Live Animals and Meat (20.2%) recorded inflation rate, higher than the national average.
According to the figures, food inflation recorded a rate of 22.4% in March, 2022, compared to 17.4% in February, 2022 explaining the high increase in food commodities.
As a result of these increases, JoyNews’ George Wiafe on the Business Edition on PM Express hosted experts as they offer solutions to the high food prices in the country.
They were; General Secretary of the General Agric Workers Union, Edward Kareweh, President of Ghana Union of Traders Association (GUTA), Dr Joseph Obeng and Content Manager of Esoko, Francis Danso-Adjei.
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