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
COVID-19 levy removal: TAGG commends Prez. Mahama
14:18
Cybersecurity Authority led arrest of ‘Abu Trica’ in a multi-million dollar romance scam
13:39
President Mahama requests withdrawal of private member’s bill seeking to repeal OSP Act
14:47
COVID Health Recovery Levy Repeal Act: President Mahama abolishes 1% levy
17:40
Ghana Armed Forces to conduct joint show of force exercise
15:09
Hon. Joana Gyan Cudjoe's teacher initiative supports 39 Schools in Amenfi Central
12:21
UTNMG demands fair treatment for unregistered students at Bolgatanga Nurses’ Training College
13:12
E/R: Suhum Municipal Assembly supports PWDs with income-enhancing items to promote economic independence
13:12
Minority slams 'premature and unconstitutional' move to declare Kpandai seat vacant
15:38
Kpandai controversy: Minority says EC notification was premature and unlawful, calls for withdrawal
15:07
