March 2024 inflation increases sharply to 25.8%

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Inflation for the month of March 2024 increased to 25.8% from 23.2% recorded in February 2024.

According to figures from the Ghana Statistical Service, the non-food inflation went up by 22.6 percent while food inflation increased to 29.6%

Locally produced items, and imported items went up by 26.6% and 23.8% respectively.

Food and non-alcoholic beverages as well as transport were identified as the main drivers for increase in the overall inflation for March 2024.