After declining for the first four months of the year, the consumer price inflation has resumed an upward trend again, increasing from 41.2 per cent in April to 42.2 per cent in May.
Last month’s inflation was driven by food inflation which increased from 48.7 per cent in April to 51.8 per cent.
Non-food Inflation, however, decreased from 35.4 per cent in April to 34.6 per cent.
Inflation for locally produced items was 36.2 per cent while that of imported items was 43.8 per cent.
Source: Graphic online
Richard Koomson| mediacentralonline.info |Ghana
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