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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.

Ghanaian Food Market

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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