May 2024 inflation declines marginally to 23.1%
Graphic.com.gh Business News
Inflation for the month of May 2024 declined marginally to 23.1% from the 25.0% recorded in April 2024.
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According to the Ghana Statistical Service, food inflation recorded a rate of 22.6%, the lowest since 13 months.
Non-food inflation however shot up to 23.6% in May 2024.
Inflation for locally produced items and imported items fell to 24.7% and 19.6% respectively.
Government Statistician, Professor Samuel Kobina Annim spoke to journalists in Accra.
