Inflation for July drops to 11.9% The acting government statistician Baah Wadie explained that the period under review did not experience any economic shock thus the drop.
Inflation for July 2017 has dropped to 11.9 percent.
In June 2017, inflation dropped to 12.1 percent.
This is the lowest fall since September 2013.
READ ALSO: TV station sacks 100 workers
The acting government statistician Baah Wadie announced this at a press conference in Accra on Wednesday, August 9, 2017.
He explained that the period under review did not experience any economic shock thus the drop.
READ ALSO: Investment company denies taking deposit
He further explained 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.
I Don’t Hate NDC – Rawlings
Former President Jerry John Rawlings has hit back at some members of the National Democratic...
Trump ends visa lottery: over a million Ghanaians to be affected
US President Donald Trump has signed a new immigration policy to end the popular US visa lottery...
Police raid home of NDC executive
The Northern regional director of elections of the National Democratic Congress (NDC), Rashid...
Don’t abandon Mahama’s good projects – Tema Mantse to Nana Addo
The Paramount Chief of Tema (Tema Mantse), Nii Adjei Kraku II, has appealed to President Nana...