The Producer Price Inflation (PPI) rate fell slightly in July to 9.3 percent compared with a revised 9.5 percent recorded in June. The month-on-month change in producer price index between June 2020 and July 2020 was 1.7 percent. The Ghana Statistical Service explained that the marginal decrease in all Industry …
Read More »June recorded 11.2% inflation
The national year-on-year inflation rate was 11.2% in June 2020, which is 0.1 percentage points lower than last month, the Ghana Statistical Service (GSS), has announced. Month-on-month inflation between May 2020 and June 2020 was 1%. This is lower than the 1.7% recorded between April and May and 3.2% between …
Read More »Inflation rate for April rises to 10.6%
The national year-on-year inflation rate for April 2020 hits 10.6%, which is 2.8 percentage points higher than last month, the Ghana Statistical Service has said. The year-on-year inflation for March 2020 was at 7.8 percent. The Month-on-month inflation between March 2020 and April 2020 was 3.2%. These are the highest …
Read More »Inflation to end 2020 at 8.7% – EIU
The Economist Intelligence Unit (EIU) is projecting a 0.2% increase in average inflation to 8.7% for this year. This means prices of goods and services will largely remain same, whilst interest rates stay low. “Despite a sharp downturn in economic activity, we expect annual average inflation to edge up in …
Read More »Inflation rate for November rises to 8.2 per cent
The Year-on-year inflation rate for November rose to 8.2 per cent, up by 0.5 percentage point from the 7.7 per cent recorded in October 2019. The month-on-month inflation between October and November stood at 0.7 per cent. Professor Samuel Kobina Annim, the Government Statistician, who announced this on Wednesday, said …
Read More »August inflation 7.8%
The inflation rate for August 2019 was 7.8 per cent, the Ghana Statistical Service (GSS) has announced. Acting Government Statistician, Professor Samuel Kobina Annim, said at a press conference on Wednesday, 18 September 2019 that the food and non-alcoholic beverages group recorded a year-on-year inflation rate of (8.2) per cent; …
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