THOMASVILLE- This year was the 128th GA Division UDC Convention. It was held in Valdosta, Ga. at the Rainwater Conference Center. Five members from John B. Gordon 383 UDC attended.
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Food prices drive November inflation down
The country for the first time since the outbreak of the coronavirus pandemic has recorded a single-digit inflation.
Annual inflation rate dropped the lowest in eight months to 9.8 percent in November from 10.1 percent in October.
The month-on-month inflation between October and November 2020 stood at 0.3 percent.
The annual inflation rate between January to March this year stood at a single digit of 7.8 percent before it rose the highest in July at 11.4 percent and further dropped by 10.1 October and eventually declined to 9.8 percent in November.
Government Statistician, Professor Samuel K. Annim who announced this at a news conference in Accra on Wednesday, when he presented the November Consumer Price Index and Inflation, attributed the drop in the inflation rate to food inflation.
Greater Accra records 15.2% inflation, national rate is 9.8%
Greater Accra is the only Region that recorded a food inflation rate of over 8 percent (13.7%).
In Greater Accra, the difference between Food (13.7%) and Non-Food (16.2%) inflation was just 2.5 percentage points, while in Ashanti Region this difference was 9.4 percentage points (5.7% compared to 15.1%). Upper West Region was the only region where Non-Food inflation was higher than food inflation.
On a month-on-month basis, Upper West Region recorded the highest inflation (2.3%) and the Central Region the lowest (-0.7%).
Furthermore, Upper West Region also recorded the highest month-on-month Food inflation (3.9%).
The Government Statistician, Professor Samuel Kobina Annim noted that food still is the predominant driver while the “Housing, Water, Electricity, and Gas’ Division contributed 22.6% to the total inflation.”
Food prices drive November inflation down
December 11, 2020
The country for the first time since the outbreak of the corona virus pandemic has recorded a single digit inflation.
Annual inflation rate dropped the lowest in eight months to 9.8 per cent in November from 10.1 per cent October.
The month-on-month inflation between October and November 2020 stood at 0.3 per cent.
The annual inflation rate between January to March this year stood at a single digit of 7.8 per cent before it rose the highest in July at 11.4 per cent and further dropped by 10.1 October and eventually declined to 9.8 per cent in November.
Government Statistician, Professor Samuel K. Annim who announced this at a news conference in Accra on Wednesday, when he presented the November Consumer Price Index and Inflation, attributed the drop in the inflation rate to food inflation.