The rate of inflation for August is 16.9%. It jumped from July’s 16.7%.
Similarly, there was a rise in the rate for imported items (15.2 in July to 17.3 in August).
That of local goods on the other hand slumped to 16.7% in August from July’s 17.3%.
Regionally, while the Upper East Region recorded the lowest rate of 11.8%, Greater Accra recorded the highest rate of 20.1% with the Ashanti Region following with 18.5%.
Year-on-year, the non-food and non-alcoholic beverages category recorded a rate of 8.5% – a 0.1 percentage point below July’s, while the non-food inflation group recorded a year-on-year rate of 21.5 % in August 2016 – 0.3% higher than July’s.
Source: Ghana/AccraFM.com
