{"id":607023,"date":"2019-04-11T15:21:48","date_gmt":"2019-04-11T15:21:48","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">Business News of Thursday, 11 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Graphic.com.gh <\/p>\n2019-04-11\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/03\/7369"},"modified":"2019-04-11T15:21:48","modified_gmt":"2019-04-11T15:21:48","slug":"inflation-for-march-2019-increases-slightly-from-9-2-to-9-3","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/11\/inflation-for-march-2019-increases-slightly-from-9-2-to-9-3\/","title":{"rendered":"Inflation for March 2019 increases slightly from 9.2% to 9.3%"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">Business News of Thursday, 11 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Graphic.com.gh <\/p>\n<p>2019-04-11<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/03\/73692499.295.jpg\" alt=\"Inflation 8\" title=\"Inflation 8\" width=\"295\" height=\"193\" \/><span class=\"image_caption\"><span>In March 2018, inflation was 10.4 per cent<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\"> Inflation for the month of March increased slightly to 9.3 per cent from the 9.2 per cent recorded in February.<\/p>\n<p>The March 2019 figure is 0.1 percentage points higher than the 9.2 per cent recorded in February this year, the Ghana Statistical Service (GSS) has said.<\/p>\n<p>In March 2018, inflation was 10.4 per cent.<\/p>\n<p>Food and non-food inflation<\/p>\n<p>A release issued by the GSS after a press conference in Accra on Wednesday showed that the food inflation basket recorded a rate of 8.4 per cent, compared to 8.1 per cent recorded in February 2019.<\/p>\n<p>The non-food basket inflation rate of 9.7 per cent in February 2019 remained unchanged in March 2019.<\/p>\n<p>The main drivers of non-food inflation were recreation and culture (14.1 per cent), transport (13.7 per cent), clothing and footwear (13.3 per cent) and furnishing, household equipment and routine maintenance (12.2 per cent).<\/p>\n<p>The price drivers for the food inflation rate included coffee, tea and cocoa (13 per cent), mineral water, soft drinks, fruit and vegetable juices (11.1 per cent) fruits (10.2 per cent) and meat and meat products (9.1 per cent).<\/p>\n<p>Regional inflation<\/p>\n<p>At the regional level, Deputy Government Statistician, David Kombat said four regions \u2014 Upper West, Brong Ahafo, Western and Ashanti \u2014 recorded inflation rates higher than the national average of 9.3 per cent.<\/p>\n<p>The Volta Region recorded the same inflation as the national average, he said.<\/p>\n<p>\u201cThe Upper West Region recorded the highest year-on-year inflation rate of 11.4 per cent, followed by Brong Ahafo with 10.2 per cent, while the Upper East Region recorded the lowest year-on-year inflation of 7.9 per cent in March 2019,\u201d he said.<\/p>\n<p>\u201cWe\u2019ve seen an increase in inflation rate and it could be partly attributed to the exchange rate we\u2019ve seen in recent weeks,\u201d Mr Kombat said.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Thursday, 11 April 2019 Source: Graphic.com.gh 2019-04-11 In March 2018, inflation was 10.4 per cent Inflation for the month of March increased slightly to 9.3 per cent from the 9.2 per cent recorded in February. The March 2019 figure is 0.1 percentage points higher than the 9.2 per cent recorded in February [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":598947,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-607023","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inflation for March 2019 increases slightly from 9.2% to 9.3% - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/11\/inflation-for-march-2019-increases-slightly-from-9-2-to-9-3\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Inflation for March 2019 increases slightly from 9.2% to 9.3% - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Thursday, 11 April 2019 Source: Graphic.com.gh 2019-04-11 In March 2018, inflation was 10.4 per cent Inflation for the month of March increased slightly to 9.3 per cent from the 9.2 per cent recorded in February. 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