The year-to-year inflation rate for March still stands at 10.3%. Besides, the month-on-month inflation between February 2021 and March 2021 stands at 0.2%.
The Government Statistician, Professor Samuel Kobina Annin, noted the year-on-year variation between Food as 10.8 percent and the non-food inflation as 10.0 percent. This resulted in a deviation of 0.8 percent.
Professor Samuel Kobina said that the month-on-month non-food inflation was more than the food inflation by 12 percent. Housing, water, Electricity, and Gas indicated a great change on a year-to-year and month-on-month basis for March more so in Greater Accra.
The difference between domestic products (11.7) and imported products (6.8) decreased to 4.9 percent. The year-on-year Eastern Region food inflation exceeded the one for Greater Accra by 3%. Out of the total inflation, Food contributed to 46.3%.
