[ad_1]
<! –
->
<! –
->
Ghana recorded an inflation rate of 9.1% in June 2019, compared to 9.4% in May 2019, with the Upper West, Brong Ahafo, West and Ashanti regions recording highest inflation.
The badistant statistician of the government, Araba Forson, detailed the main determinants of food inflation and non-ridiculous prices during a press briefing on Wednesday.
According to her, the main price factors of the non-food inflation rate were clothing and footwear (15.2%), recreation and culture (15%), furniture, household equipment and routine maintenance (14.6%) and miscellaneous goods and service (11.3%)
The Upper West has the highest overall inflation (11.1%), followed by the Brong Ahafo region (10.6%), while the Upper East region has the highest rate of inflation. down 8.3% year on year.
In the non-food group, the transportation sector was the highest and the only sector to record a 5.6 percentage point decrease in inflation in June 2019.
This is due to the basic drift effect caused by the upward adjustment of 10% of the price of freight fares in June 2018, which in turn resulted in a rise in the freight rate. transport sector inflation of 5.1% compared to this year.
Factors contributing to the lowering of the inflation rate
Several factors contributed to the decline in the inflation rate in June 2019.
According to the Ghana Statistical Service (GSS), the main factors include favorable weather conditions, government policy on planting for food and employment, stability of the exchange rate at the beginning of the harvest season, and other factors. . Each month, the figure is determined by the balance between the upward and downward price movements of the range of products included in the tax.
[ad_2]
Source link
