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Ghana inflation rises in April for first time since December 2024

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Ghana’s consumer inflation rose for the first time since December 2024 ‌to 3.4% year-on-year in April from 3.2% in March

Ghana’s consumer inflation rose for the first time since December 2024 ‌to 3.4% year-on-year in April from 3.2% in March, the statistics service said this Wednesday.

 

Government statistician Alhassan Iddrisu said the increase was ⁠mostly driven by services like transport, education, restaurants and accommodations.

 

“Inflation remains slow overall but we are beginning to see a slight upward movement,” Iddrisu said.

 

He added that food inflation was lower in April than in ‌the ⁠same month last year.

 

The gold-, oil- and cocoa-producing nation has been emerging from its most severe economic crisis in decades.

 

Iddrisu ⁠said global shocks and regional disruptions had started to push food and fuel ⁠prices up again but those pressures are not yet fully reflected ⁠across all items.

 

–Reuters–

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