Inflation for the month of May 2017 dropped marginally to 12.6 per cent as against the 13 per cent recorded in April 2017. This is the lowest inflation rate since December 2013. The monthly change rate in the May 2017 inflation was 0.7 per cent while that of April 2017 was 1.6 per cent. Inflation … Read more
The year-on-year inflation rate went up slightly in April to 13.0 per cent, up by 0.2 percentage points, compared with the 12.8 percent recorded in March. The Acting Government Statistician, Mr Baah Wadieh told a press conference on Wednesday that the monthly change rate in April 2017 was 1.6 per cent, while that for March … Read more
The figure went up by 1.6 percent from the 12.8 percent recorded in March this year. According to the Ghana Statistical Service (GSS), inflation for food items was 6.7 percent. Meanwhile inflation for non-food items such as transport and utility, went up by 16.3 percent in April 2017. The Acting Government Statistician, Baah Wadieh explained … Read more
Inflation rate for March has declined to 12.8 per cent from the 13.2 per cent recorded in February. This rate is the lowest since December, 2013. This means prices of goods and services were fairly stable during the review period. The year-on-year non-food inflation rate for March 2017 was 15.6 per cent compared with the … Read more
Inflation rate for March has declined to 12.8 percent from the 13.2 percent in February. This rate is the lowest since December 2013. This means prices of goods and services were fairly stable during the review period. The year-on-year non-food inflation rate for March 2017 was 15.6% compared with the16.4% recorded in February 2017. The … Read more
Economist Professor Godfred Bokpin has predicted of a drop in inflation to single digits in the short to medium term. It follows what he describes as weak volatilities with the main price drivers of inflation such as utility prices and transport fares. “As a result the major drivers do not exhibit higher volatility going forward … Read more
Economist Professor Godfred Bokpin has predicted of a drop in inflation to single digits in the short to medium term. It follows what he describes as weak volatilities with the main price drivers of inflation such as utility prices and transport fares. “As a result the major drivers do not exhibit higher volatility going forward … Read more
The year-on-year inflation rate for the last month of the year 2016 December was 15.4%, compared with the 15.5% recorded in November 2016. This represents a 0.1% down from the 15.5 percent recorded in November last year. According to data from the Ghana Statistical Services, the monthly change rate in December 2016 was 0.9% while … Read more
The figure represents a drop from the 15.5 percent recorded in November 2016.This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 percent compared to 0.8 percent recorded a month earlier. According to figures released by the Ghana Statistical Service, the year-on-year food … Read more
This is the third consecutive time inflation has dropped since October 2016 Ghana’s inflation for December 2016, reached 15.4 percent. The figure represents a drop from the 15.5 percent recorded in November 2016. This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 … Read more
Government has missed its inflation target of 13.5% as Inflation for December dropped to 15.4% from 15.5% in November 2016. The prices of goods and services was fairly stable as inflation for the month went down marginally. This is the lowest since June 2014. The monthly change rate was 0.9% compared to the 0.8% recorded … Read more
The figure represents a drop from the 15.5 percent recorded in November 2016. This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 percent compared to 0.8 percent recorded a month earlier. According to figures released by the Ghana Statistical Service, the year-on-year … Read more
Inflation rate for the month of September hit 17.2 per cent compared to the 16.9 per cent recorded in August 2016. This represents a 0.3 per cent increase from the previous one in August. However, the monthly change rate between August and September was 0.2 per cent, a reduction from the -0.6 per cent recorded … Read more
Barely three months to the crucial December polls, inflation, which has been largely erratic this year, has begun a gradual ascent, with the Ghana Statistical Service suspecting that traders are hiking prices because they fear the local currency would struggle against the US dollar ahead of the polls. The Ghana Statistical Service yesterday announced that … Read more