The year-on-year inflation for the month of August 2023 has dropped to 40.1 percent from the 43.1 percent recorded in July 2033.
Food inflation witnessed a decrease to 51.9 percent from the 55.0 percent the previous month.
For the first time in the year, inflation for imported products recorded a rate lower than locally produced items with a figure of 36.2 percent and 42.4 percent respectively.
Government Statistician, Professor Samuel Kobina Annim made the announcement at a press briefing.
More soon
Source:
myjoyonline
