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Sat, 14 Nov 2009 Business & Finance

Inflation Rate eases to 18.04 percent in October

  Sat, 14 Nov 2009
Inflation Rate eases to 18.04 percent in October

Inflation Rate eases to 18.04 percent in October
November 13, 2009
The rate represents a decline of 0.33 percentage points from September figure of 18.37 percent.

Sylvester Gyamfi, Assistant Chief Statistician, said the inflation had been primarily driven by the non-food sub-sector, which constitutes 55.09 percent of the CPI basket.

The corresponding figures for September 2009 were 22.38 percent and 12.78 percent for non-food and food respectively.

GNA

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