Price of Commodities Inflation inches up in September

Locally produced items however dropped from 16.7% in August to 16.6% in September.

  • Published:
Government Statistician, Philomena Nyarko play

Government Statistician, Philomena Nyarko

24/7 Live - Subscribe to the Pulse Newsletter!

In September, consumer prices increased 17.2% over the previous month, which followed the 16.9% increase tallied in August.

September’s increase was mainly driven by higher prices for food.

Locally produced items however dropped from 16.7% in August to 16.6% in September.

Read more:

Producer Inflation March drops to 14.3%

April inflation drops marginally to 18.7%

Inflation rate for May hits 18.9%

Inflation leaps to 19.2%

The food and non-alcohol beverages group recorded a year-on-year inflation rate of 9.0%. This is 0.5 percentage point higher than the rate recorded in August.

This was revealed by the government statistician Philomena Nyarko. She revealed that inflation for imported items also rose from 15.2% in July to 17.3% in August, Greater Accra recorded the highest inflation rate of 20.8%, Ashanti region came second with 18.1% while Central region recorded the lowest of 13.8%.

Inflation for imported items also rose from 17.3% in August to 18.7 in September.

Dr. Nyarko said the high inflation rate is expected to continue because of the increase in fuel prices which will affect transportation fares in the country.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Poverty Gap Ghana’s policies make the rich wealthier – UNbullet
2 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions public...bullet
3 Industrial Action Uber drivers on strike over 25% commissionbullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Job Creation Nation Builders Corps to be launched end of April -...bullet
6 Menzgold Ghana Investment company closes down its Gold Vault...bullet
7 May I take Your Order It's ‘Chop Time’ at Achimota Mallbullet
8 In Upper East 2 men killed in daylight bank robberybullet
9 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet
10 Newmont Deaths Investigative report to be out by end...bullet

Top Videos

1 Money Alert Meet Africa's richest womanbullet
2 Forbes 2018 Africa's billionaires rich listbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Support Finance minister buys Kantanka carbullet
7 Plane Crash Starbow suspends operations following plane crashbullet
8 Tech 6 reasons you should buy an iPhone SE instead of any...bullet
9 Entrepreneurship How to be resourceful as an entrepreneurbullet

Business