Inflation rate galloping, hits 27.6% in May

1

Inflation rate galloping, hits 27.6% in May

Inflation rate in May 2022 recorded 27.6% from the 23.6% recorded in April 2022, the Ghana Statistical Service (GS) has announced.

The Government Statistician, Professor Kobina Annim, explained at a press conference in Accra on Wednesday June 8 that the rate of inflations for Transport (39.0%), Household Equipment and Maintenance (33.8%), Housing, Water, Gas and Electricity(32.3%) and Food and Non-Alcoholic Beverages (30.1.6%) were higher than the national average (27.6%).

Regarding food inflation five sub-classes record inflation rates higher than the overall food inflation (30.1%) in May.

READ ALSO:  Gary Dranow's "Mother's Angry"

The inflation for imported goods was 28.2%, which is higher than the 24.7% recorded for April 2022, while the inflation for locally produced items was 27.3%, up from the 23.0% recorded in April 2022.

Source: 3news.com

https://ichrisgh.com/blog/2022/06/07/video-achimota-rasta-student-assaults-dad-drugs-or-recalcitrance/
We are the most trusted hub of quality facts-driven entertainment and lifestyle news. Always log onto ichrisgh.com for more exclusive updates. Like our Facebook page, @ichrisghana, Follow Us on Instagram and Twitter, @ichrisgh, and Join our Telegram channel, iChris.

1 COMMENT

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.