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Inflation rate for May hits 18.9%
The Ghana Statistical service puts this down to pressure from price hikes in the costs of transport, housing, water, electricity and education.
May’s monthly change rate was 1.1%
READ MORE: Inflation in Ghana
The Consumer Price Index-CPI is the change in the general price levels of goods and services purchased and consumed by households.
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The base year of the CPI is 2012 with an index of 100. The CPI measures two components grouped under food and non-food components.
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