{"id":230559,"date":"2016-07-13T11:18:07","date_gmt":"2016-07-13T11:18:07","guid":{"rendered":"http:\/\/citifmonline.com\/?p=230559"},"modified":"2016-07-13T11:18:07","modified_gmt":"2016-07-13T11:18:07","slug":"inflation-declines-to-18-4-percent-in-june","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=230559","title":{"rendered":"Inflation declines to 18.4 percent in June"},"content":{"rendered":"<p>The Consumer Price Inflation (CPI) for June, declined marginally to 18.4% from <strong><span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/citibusinessnews.com\/index.php\/2016\/06\/15\/may-inflation-hits-18-9\/\" target=\"_blank\">18.9% in May 2016<\/a><\/span><\/strong>.<\/p>\n<p>[contextly_sidebar id=&#8221;paLXLfReV4Z3QbevlY5yNZ0kdnKKq6ZG&#8221;]The monthly change rate was 1.3% in June 2016 compared to 1.1% recorded in May this year.<\/p>\n<p>According to the Ghana Statistical Service (GSS), food inflation went up to 8.6% in June compared to 8.5% in May 2016.<\/p>\n<p>The non food inflation rate however declined from 25 to 24.1 percent between the one month period. Meanwhile, the inflation rate for imported items increased to 27.1% in June, from the 18.5 percent recorded in May 2016.<\/p>\n<p>Inflation for locally produced items was however 1.8% higher than the imported items in June.<\/p>\n<p>Figures released by the GSS also showed that the Ashanti region recorded the highest combined food and non food inflation rate of 11.1%.<\/p>\n<p>This was followed by Greater Accra with an inflation of 9.4%.<\/p>\n<p>On the contrary, the Upper East region recorded the lowest combined food and non-food inflation rate of 6.0% for June this year.<\/p>\n<p>&#8211;<\/p>\n<p>By: Norvan Acquah-Hayford\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Consumer Price Inflation (CPI) for June, declined marginally to 18.4% from 18.9% in May 2016. [contextly_sidebar id=&#8221;paLXLfReV4Z3QbevlY5yNZ0kdnKKq6ZG&#8221;]The monthly change rate was 1.3% in June 2016 compared to 1.1% recorded in May this year. According to the Ghana Statistical Service (GSS), food inflation went up to 8.6% in June compared to 8.5% in May 2016. [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":227553,"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":[32,171,11],"tags":[],"class_list":["post-230559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-local-economy","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/230559","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=230559"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/230559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/227553"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=230559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=230559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=230559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}