Tuesday , February 20 2018 1:20 am
Home / Business / Inflation drops to 11.9%

Inflation drops to 11.9%

Inflation has dropped again for the month of July from 12.1 percent in June to 11. 9 percent.

The June’s fall is the lowest since September 2013.

In a news conference on  Wednesday to announce the recent inflation figures, the acting government statistician Baah Wadie said the period under scrutiny did not experience any economic shock thus the drop.

He added that the dropping of inflation on non-food was the main factor that “kept the inflation at the level that it is.”

He said the main price drivers for the down food inflation rate were transport, household equipment, clothing, footwear, health, miscellaneous goods and services.

Check Also

45 Pesewas More To Be Paid By Power Consumers In Six Regions

Consumers in six regions could pay 45pesewas more for power supply if the request by …

Job Creation key priority for youth- IEA Survey

Ghana launched its first comprehensive National Employment Policy in April 2015 with the aim of …

Ghana Gas local Engineers lauded for successful shutdown of Atuabo gas plant

Mr Ernest Kofi Owusu-Bempah, Communication Director of Ghana National Gas Company(Ghana Gas ) has lauded …

Leave Your Comment

%d bloggers like this: