April saw a 41.2% decrease in inflation.

Date:

Inflation for the month of April 2023 was 41.2%.

In comparison to the 45.0% reported in March 2023, this indicates a 3.8 percentage point drop.

The Consumer Price Index (CPI) data that the Ghana Statistical Service (GSS) released on Wednesday reflected this.

According to the report, both food and non-food inflation were at 48.1 and 35.8% respectively.

Government Statistician, Professor Samuel Kobina Annim said the Western North region recorded the highest food inflation at 78. 3% for the month of April while the Volta region continued to record the lowest inflation among the regions.

Inflation for locally produced items stood at 38.2%, whereas inflation for imported items stood at 43.1%.

For the month-on-month, inflation stood at 2.4% in April 2023. Food and Alcoholic Beverage recorded the highest inflation of 4.3%, whilst non-food inflation was 0.7%.

Share post:

Subscribe

Popular

Asante Akim North Municipal Agricultural Department appeals for mechanisation Centre  

The Department of Agriculture at Agogo in the Asante...

Plan International Ghana urges government to ensure effective implementation of Free Pad Initiative 

Mr Constant Tchona, Country Director, Plan International Ghana, has...

Benjamin Marfo secures 100 per cent endorsement as Amansie South DCE 

In a resounding show of unity and confidence, Mr....

Mpohor-Fiase: COPCAD to provide alternative source of livelihoods for illegal miners 

The Community Partnerships for Citizens Action and Development (COPCAD),...

More like this
Related