Ghana’s inflation rate slips to 8.59% in June 2011

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    Page last updated at Thursday, July 14, 2011 10:10 AM //

    Ghana’s inflation rate for June 2011 fell to 8.59%, the Ghana Statistical Service (GSS) announced July 13, 2011.

    The GSS says the rate is 0.31 percentage points lower than that of May which recorded 8.90% of inflation.

    “The downward trend in inflation can be attributed more to the food and non-alcoholic beverages group, while the non-food group inflation remains stable since June 2010 between 11.22 and 12.44 per cent”, it said.

    By Ekow Quandzie

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    Ghana’s inflation rate slips to 8.59% in June 2011