The August inflation has reached 33.9 percent. This represents a 2.2 percent increase over the previous month’s result of 31.7 percent.
On Wednesday, September 14, Government Statistician Professor Samuel Annim announced the newest inflation figures, noting that six items had greater inflation rates than the national average.
“This was led by Housing, Water, Electricity and Gas having the highest rates of inflation of 46.7 percent, followed closely by Transport 45.7 percent and up to Food and Non-Alcoholic Beverages being the sixth item that recorded rate of inflation higher than the national average of 33.9 percent.”
Imported items have a greater rate than domestic products.
Prof. Annim claims that this is the first time this year that the lowest month-on-month rate of 1.9 percent has been observed.
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The Eastern Region had the highest regional rate (41%), while the Upper East Region had the lowest percentage (22.8%).
SOURCE: 3NEWS
