April inflation records marginal decline

Inflation for the month of April has recorded another marginal decline.

The figure is 9.02 per cent down from the 9.13 percent for March. It is the second consecutive drop for this year.

The marginal drop means that even though prices of goods and services generally went up in April, the rate of increase or change was a little lower compared to the previous month.

Head of Economic Statistics at the Ghana Statistical services attributes the drop to stable exchange rate food stuffs.

Greater Accra still continues to account for the highest Inflation figure with 12. 31, whiles Volta Region had the lowest with 5.24 per cent.


Source: Joy Business/Ghana