March inflation rises to 25.8% from 23.2% in February
Business
Prof Samuel Annim
Inflation for March has risen to 25.8 percent, up from the 23.2 percent recorded in February 2024, marking a 2.6 percentage point increase.
Notably, the food inflation rate has also experienced a significant uptick, climbing from 27.0 percent in February to 29.6 percent in March.
In contrast, non-food inflation for March was reported at 22.6 percent.
This data was revealed by Government Statistician Professor Samuel Kobina Annim on Wednesday, April 10.
"In March 2024, the inflation rate reached 25.8 percent, representing a year-on-year increase compared to the 23.2 percent recorded in February 2024. This indicates a notable surge in inflation by 2.6 percentage points, rising from 23.2 percent to 25.8 percent for March 2024," he told journalists.
Source: Classfmonline.com
Trending News
Archbishop Adonteng Boateng calls for investment in AI education to secure Ghana’s future
08:08
Lands Minister revokes 278 small-scale mining licenses over regulatory breaches
06:56
Dr Yaw Osei Adutwum hails Akufo-Addo’s leadership, urges NPP to stay united for 2028 victory
09:22
Mahama Ayariga leads Parliament to pay tribute to helicopter crash victims
10:48
GTEC publishes expanded list of unaccredited tertiary institutions operating in Ghana
10:08
Ursula Owusu-Ekuful declares bid for NPP General Secretary
09:23
'May the almighty give her rest' PAG mourns former First Lady Nana Konadu Agyeman-Rawlings
08:01
President Mahama swears in new High Court judges, reaffirms gov't's commitment to judicial independence, rule of law
01:08
Fisheries Minister attends 6TH AU session on agriculture, rural development in Addis Ababa
09:19
Fake prophetess jailed five years for defrauding victims of over GHS 27,000
10:41
