Tag: food inflation
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Ghana’s inflation rate rises again; hits 31.7% in July 2022
Significant increases in prices of transport and food pushed Ghana’s inflation rate to hit 31.7 percent in the month of July 2022. This represents a 1.9 percentage point increase over the 29.8 percent rate recorded in June 2022. On a monthly basis, inflation between June 2022 and July 2022 was 3.1%. This was captured in…
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A comprehensive storage strategy will deal with post – harvest losses & inflation – CSIR
As food inflation in the country continues to rise, further pushing national inflation to unprecedented levels, the Council for Scientific and Industrial Research (CSIR) is urging government to invest in a comprehensive storage strategy to deal with post-harvest losses in the country. This the CSIR believes will eventually make food available all-year round which will…
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Rising cost of food increases June inflation marginally
The continuous rise in the prices of food continues to dominate Ghana’s Consumer Price Index, CPI, pushing up inflation for June marginally. June 2020 recorded a CPI of 119.8 relative to 118.6 in May 2020. The year-on-year stands at 11.2 percent for 2020, from the 11.3 percent recorded in June 2019. Inflation measures the average…
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Inflation rises to 11.3% in May 2020 as food prices continue to go up
The continuous rise in prices of food items pushed Ghana’s inflation up to 11.3% in May 2020. This means that between May 2019 and the same period in 2020, the prices of items have increased by 11.3%. This figure is also 1.7 percentage points higher compared to the 10.6% inflation recorded in April 2020. The…