Investment Times

The year-on-year inflation for September 2024 has increased to 21.5 per cent from 20.4 recorded in August 2024.The Ghana Statistical Service has attributed the increase to a rise in food inflation. Food inflation surged to 22.1 per cent from 19.1 in August 2024. However, non-food inflation declined to 20.9 per cent from 21.5 per cent in August 2024.Before the current increase, inflation had gone down for five consecutive months. The report revealed that inflation on locally produced items and imported items increased. Inflation on imported items increased to 17.0 per cent from 16.1 per cent in August, whereas locally produced...