Local News

Ghana’s inflation rises to 17.2%

Ghana’s Inflation has increased from 16.9% in August to 17.2% in September 2016.

The government statistician, Philomena Nyarko, blamed the rise in the inflation rate on the Non-food sector and the increase in import inflation rate.

According to her, prices of goods are on the ascendancy due to uncertainties around the impending elections.

She added that importers are skeptical about the stability of the Cedi and are therefore increasing their products to forestall future uncertainties.

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