Pulse.com.gh logo

Consumer Price Index Inflation falls to 13.3 percent in January

The inflation rate for January 2017 is 13.3 per cent, a drop from the 15.4 percent recorded in December 2016

  • Published:

Ghana’s inflation for January 2017 reduced to 13.3 percent.

This is a reduction from the 15.4 percent inflation rate recorded in December 2016.

READ MORE: October PPI increases slightly to 9.8%

The monthly change rate for January 2017 was 2.8 percent compared to the 0.9 percent recorded for December 2016.

READ ALSO: Ghana's budget deficit hits 7% of GDP

The Food and non-alcoholic beverages group recorded a year-on-year inflation rate of 7.0 percent. This is 2.7 percentage points lower than the rate recorded in December 2016.


Deputy Government Statistician Baah Wadieh addressing the media said four subgroups of the food and non-alcoholic beverages group recorded inflation rates higher than the group’s average rate of 7.0 percent.

READ MORE: Ghana rebases consumer inflation index, changes product basket

He said the non-food group recorded a year-on-year inflation rate of 16.6 percent in January 2017, compared to the 18.2 percent recorded for December 2016.

At the regional level, the year-on-year inflation rate ranged from 11.6 percent in the Volta to 14.0 percent in the Upper West region. Five regions (Upper West, Greater Accra, Ashanti, Western and Brong Ahafo) recorded inflation rates above the national average of 13.3 percent.

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 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Incompetence Otabil wasn't qualified to be Capital Bank Board Chairman...bullet
3 Breaking Otabil finally breaks silence on banking controversiesbullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Banking In Ghana Stranded customers of First Allied Savings &...bullet
6 Education Top 5 private high schools in Ghana according to WAECbullet
7 Increment Fuel prices to go up again – IESbullet
8 Nana Appiah Mensah Menzgold boss apologises to BoG after...bullet
9 Nana Appiah Mensah Menzgold CEO invited by EOCObullet
10 Bank Collapse Capital Bank Board misused GHC 610...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Money Alert Meet Africa's richest womanbullet
4 Former Capital Bank staff grills pork for survivalbullet
5 Plane Crash Starbow suspends operations following plane crashbullet
6 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
7 Support Finance minister buys Kantanka carbullet
8 Tech 6 reasons you should buy an iPhone SE instead of any...bullet
9 Bozoma Saint John 10 quotes from Uber top official,...bullet
10 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet