Inflation for the month of April increased to 16.8% from the 16.6% recorded in March 2015.<\/p>\n
[contextly_sidebar id=”BfCGmSOxZ5ASAbmxg9Xm2flebfv5J37B”]The monthly change rate for April was 1.8% while that of March was 1.0%.<\/p>\n
The food inflation for April was 7.2% same as March 2015 while non food inflation recorded 23.2% moving up 0.1% from that of March 1015 which was 23.1%.<\/p>\n
The main price drivers for non food inflation rate were housing, water, electricity, gas and other fuels which was at 25.0%, transport 24.5%, and clothing and foot wear 23.7%.<\/p>\n
The consumer price index measures the change over time in the general price levels of goods and service that households require for the purpose of consumption.<\/p>\n
Speaking to Citi Business News Government Statistician Dr. Philomena Nyarko predicted there will be price stability if there is an increase in local production which she says will bring about a drop in inflation figures.<\/p>\n
The year on year on inflation rate for imported items was 19.7% for April 2015 while that for locally produced items was 15.6%.<\/p>\n
Central region again recorded the highest combined inflation of 18.9% and non food inflation rate of 26.2% while the Eastern region recoded the lowest inflation rate of 14.1% for April 2015.
\n–
\nBy: Norvan Acquah – Hayford\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Inflation for the month of April increased to 16.8% from the 16.6% recorded in March 2015. [contextly_sidebar id=”BfCGmSOxZ5ASAbmxg9Xm2flebfv5J37B”]The monthly change rate for April was 1.8% while that of March was 1.0%. The food inflation for April was 7.2% same as March 2015 while non food inflation recorded 23.2% moving up 0.1% from that of March […]<\/p>\n","protected":false},"author":14,"featured_media":12342,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[19],"tags":[4],"class_list":["post-115890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/115890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115890"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/115890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/12342"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}