March records 7.8% inflation amidst COVID-19

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March recorded inflation rate of 7.8%, the Ghana Statistical Service (GSS) has announced.

The Month-on-month the rate of inflation between February 2020 and March 2020 was 0.8%

The GSS said on Wednesday that Food inflation was 8.4% and Non-food Inflation 7.4%

The differential inflation rate between locally produced items (8.8%) and  imported items (5.6%) was 3.2 percentage points

For the last 5 months inflation for locally produced goods has been growing faster than inflation for imported goods.

Source: Laudbusiness.com/Ghana

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