Inflation rate for January 2018 dropped by 1.5% from the 11.8% recorded in December last year to was 10.3%. Acting government statistician, Dr. Baah Wadieh, attributed the decrease to a base-drift effect associated with fall in prices of major food and non-food items, especially those produced locally. “There were reduction in the inflation rates in … Read more
Ghana has recorded a 13.2% in its year-on-year inflation for February 2017 being the lowest inflation recorded since December 2013. The figure represents a drop of 0.1% points, from the 13.3% recorded in January 2017. This is the fifth consecutive time that inflation has dropped since October 2016. The monthly change rate for February 2017 … 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
Inflation for the month of October 2016 has seen a sharp decline from the 17.2% recorded in September to 15.8%. The rate decreased by 1.4% from the 17.2% in September 2016. The monthly change rate for October 2016 was 1.4% while that for Septmeber 2016 was 0.2%. The consumer price index measures the change over … 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
Veteran Gospel sensation Tagoe Sisters have endorsed two Kasapreko drinks – ‘Kasa Virgin – Lime Cordial’ and ‘Carnival Strawberry’. The two drinks are part of the company’s array of alcoholic and non- alcoholic beverages. The Kasa Virgin – Lime Cordial is a non-alcoholic drink, which is noted for its pleasant, natural lime taste. It can … Read more