RADP / Pulse Ghana > news > business

Inflation Rate for July goes up to 17.9%

August 12, 2015 12:34 PM

The rate of inflation for July 2015 is the percentage change in the Consumer Price Index over the twelve-month period from July 2014 to July 2015.

The Ghana Statistical Service has pegged the Inflation rate for July at 17.9%, 0.8 percentage increase from the 17.1% recorded in June 2015.

A press release available to pulse.com.gh reveal that the year on year inflation rate as measured by the CPI stood at 17.9% in July 2015.

The rate of inflation for July 2015 is the percentage change in the Consumer Price Index over the twelve-month period from July 2014 to July 2015. The monthly change rate for July 2015 was 2.3% compared to the 1.8% recorded for June 2015.

The consumer price index--CPI measures the change over time in the general price level of goods and services that households acquire for the purpose of consumption, with reference to the price level in 2012, the base year which has an index of 100.

More details to come soon.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!