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Inflation rises for 3rd straight month, July pegged at 43.1%

Inflation rises for 3rd straight month as Ghana Statistical Services pegs July Inflation at 43.1%

Prices of Goods and Service are rising at an increasing rate as the Ghana Statistical Service had pegged the inflation rate for July 2023 at 43.1%, a jump from the 42.5% recorded for June 2023.

This would be the 3rd consecutive monthly rise in inflation figures following a downward trend in the first four month of the year that saw inflation slow from 54.1% in December 2022 to 41.2% in April 2023.

More soon…

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