{"id":159853,"date":"2015-10-15T07:55:49","date_gmt":"2015-10-15T07:55:49","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=159853"},"modified":"2015-10-15T07:55:49","modified_gmt":"2015-10-15T07:55:49","slug":"inflation-rises-to-17-4-percent-in-august","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2015\/10\/inflation-rises-to-17-4-percent-in-august\/","title":{"rendered":"Inflation rises to 17.4 percent in August"},"content":{"rendered":"<p>Inflation for the month of September 2015 increased to 17.4% compared with the 17.3% recorded in August.<\/p>\n<p>[contextly_sidebar id=&#8221;9Eies1KnzayWTO9XPZQYvr0q2eYiyF5Y&#8221;]The monthly change rate for August is minus 0.1% while that of August was minus 0.7%.<\/p>\n<p>The food inflation rose to 7.8% compared to the 7.7% recorded for August, where as non food inflation recorded 23.2% which was three times the food inflation of 7.8%.<\/p>\n<p>The consumer price index measures the change over time in the general price levels of goods and services that households require for the purpose of consumption.<\/p>\n<p>The Chief Executive of the Ghana Statistical Service Dr. Philomena Nyarko told Citi Business News she expects a continues rise in inflation as 2015 comes to end.<\/p>\n<p>The main price drivers for the non-food inflation rate were recreation and culture (29.0%), education (29.6%), transport (23.8%), clothing and footwear (24.9%), furnishings, household equipment and routine maintenance (24.9%) and housing, water, electricity, gas and other fuels (23.4%).<\/p>\n<p>Four regions (Upper West, Ashanti, Greater Accra and Central) recorded inflation rates higher than the national average of 17.4%. Brong Ahafo Region recorded the same inflation rate as the national average of 17.4 percent.<\/p>\n<p>&#8211;<\/p>\n<p>By:\u00a0 Norvan Acquah &#8211; Hayford\/citifmonline.com\/Ghana<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation for the month of September 2015 increased to 17.4% compared with the 17.3% recorded in August. [contextly_sidebar id=&#8221;9Eies1KnzayWTO9XPZQYvr0q2eYiyF5Y&#8221;]The monthly change rate for August is minus 0.1% while that of August was minus 0.7%. The food inflation rose to 7.8% compared to the 7.7% recorded for August, where as non food inflation recorded 23.2% which [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":10897,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[21,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inflation rises to 17.4 percent in August - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2015\/10\/inflation-rises-to-17-4-percent-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation rises to 17.4 percent in August - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"Inflation for the month of September 2015 increased to 17.4% compared with the 17.3% recorded in August. [contextly_sidebar id=&#8221;9Eies1KnzayWTO9XPZQYvr0q2eYiyF5Y&#8221;]The monthly change rate for August is minus 0.1% while that of August was minus 0.7%. 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