The year-on-year inflation rate for July 2023 was 43.1%, the Ghana Statistical Service (GSS) has announced.
This means that in the month of July 2023 the general price level was 43.1% higher than July 2022.
The figure is 0.6 percentage points higher than 42.5% recorded in the month of June 2023.
According to the government statistician Prof Samuel Kobina Annim food and non-alcoholic beverages were the main drivers for the increase. As food inflation rose by 0.8 percentage point.
Annim said the month-on-month inflation between June 2023 and July 2023 was 3.6%
The food inflation (0.427) was 55.0% as compared to June’s food inflation of 54.2%.
The month-on-month food inflation was 3.8%. Non-food inflation (0.573) was 33.8% as compared June’s non-food inflation of 33.4 %
Also the month-on-month non-food inflation was 3.4%. Inflation for locally produced items was 37.5% and Inflation for imported items was 45.7%.
Asaase Radio 99.5 broadcasts on radio via 99.5 in Accra, 98.5 in Kumasi, 99.7 in Tamale, 100.3 in Cape Coast and on our affiliates Bawku FM 101.5 in Bawku, Beats FM 99.9 in Bimbilla, Somua FM 89.9 in Gushegu, Stone City 90.7 in Ho, Mining City 89.5 in Tarkwa and Wale FM 106.9 in Walewale
Tune in or log on to broadcasts online: www.asaaseradio.com, Sound Garden and TuneIn
Follow us on Twitter: @asaaseradio995
Live streaming: facebook.com/asaaseradio99.5. Also on YouTube: Asaase Radio Official.
Join the conversation. Call: 020 000 9951 or 059 415 7777. Or WhatsApp: 020 000 0995.
#AsaaseRadio
#TheVoiceofOurLand
#SafeMotorway4All
