Skip to main content

GSS announces September inflation

By; Fred Yaw Sarpong- Daily Express

The Ghana Statistical Service (GSS) has pegged the annual year-on-year inflation rate for September 2016 17.2%.

According to Madam Philomena Nyarko, Government Statistician, inflation for September slightly increased by 0.2% and attributed this to hikes in the price of goods and services due to the upcoming general elections.

The year-on-year inflation rate for August 2016 was 16.9%. The food inflation rate for September was 9.0% whereas 8.5% was recorded in August. However, the non-food inflation rate was 21.6% compared with 21.5% recorded in August.  

 Meanwhile, Dr, Nyarko said the inflation rate for imported items was 18.7% in September 2016 compared with 17.3% recorded in the previous month. The GSS pegged locally produced items at 16.6% in September against 16.7% in August.

Within the Food group, seven sub-groups recorded inflation rates higher than the group’s average of 9.0%. They include mineral water, soft drinks, fruit; coffee, tea and cocoa; sugar, jam, honey and chocolate; meat and meat products; food products; oils and fats; and milk, cheese and eggs.

Within the Non-food group, six sub-groups recorded inflation rates higher than the group’s average of 21.6%. They are: education; housing, water, electricity and gas; recreation and culture; transport; clothing and footwear; and furniture, household equipments.

Regionally, Greater Accra Region recorded the highest combined inflation rate, the highest non-food inflation rate and the highest food inflation rate for September 2016. This is followed by Ashanti region; 18.1%, Brong Ahafo region; 17.1%, Western region; 15.6%, Northern region; 15.5%, Upper West region; 15.3%, Upper East region; 15.1%, Volta region; 14.9%, Eastern region; 14.7% and Central; region 13.8%.


Popular posts from this blog

Deputy AG sues Facebooker over 'malicious' Ameri deal

The Deputy Attorney-General and Member of Parliament for Bolgatanga East, Mr Dominic Ayine has filed a defamation suit at an Accra High Court against a Facebook commentator, Evron Hughes.
In Mr Ayine’s statement of claim, sighted by Graphic Online, he accused Mr Hughes of defaming him in a post he authored and published on Facebook on December 21, 2015, titled “RE: AMERI TRANSACTION”.
According to the Deputy A-G, the “false and malicious” post has provoked “public disaffection” against him and exposed him to public ridicule and contempt.
Describing Mr Hughes as a “self-styled social media blogger and a social commentator”, Mr Ayine said the Facebook post had brought his hard-won reputation “as a respected politician, teacher and lawyer” into “hatred, ridicule, odium, discredit, contempt, opprobrium and reproach”.
The Deputy A-G said the “defamatory words” were authored with the sole intent to reduce him in the estimation of all right thinking Ghanaians, adding that he had received numerou…

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

Graphic Communication Group staffs petition GJA Election Dispute Adjudication Committee

Some staffs of the Graphic Communications Group have petition the Election Dispute Adjudication Committee of the Ghana Journalists Association (GJA) concerning their grievances covering issues affecting the association.
The staffs of the company seeks some clarification on the mandate of the current executives of the association.

Dear Sir,
We the undersigned write to place before you our grievances covering issues affecting the Ghana Journalist Association, and we hasten to add that our grievances are placed before you in furtherance of our constitutional duty under Article 11 (e) of the 2004 Constitution of the Ghana Journalists Association.
We first of all seek clarification on the mandate of the current executives of the Association to be in office and take decisions to affect the wellbeing and welfare of the Associ…