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Annual inflation rate rises to 11.3 per cent

The year-on-year inflation rate increased to 11.3 per cent in May up from 10.6 percent in April as a result of increase in food prices.

The rate rose by 0.7 percentage points from the 10.6 percent recorded in April, Professor Samuel Annim, Government Statistician, said on Wednesday.

The month-on-month inflation between April 2020 and May 2020 was 1.7 percent.

The food and non-alcoholic beverages division recorded a year-on-year inflation rate of 15.1 per cent, up 0.7 percentage points over the 14.4 per cent recorded in April.

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Food contributed nearly 60 percent of the year-on-year inflation in April 2020.

“This translates to food being the predominant driver of year-on-year inflation,” Prof Annim said.

The average non-food inflation stood at 8.4 percent.

At the regional level, the overall year-on-year inflation ranged from 3.1 per cent in the Upper East Region to 13.3 per cent in Greater Accra.

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The inflation of imported goods was 4.8 per cent, while the inflation of local goods was 14.1 per cent on average, the highest rate of local inflation, and the lowest rate of imported goods inflation since the rebasing in August 2019.

Month-on-month inflation for imported goods was 0.8 per cent, while month-on-month inflation for local goods was 2.1 per cent. The main contributor to local inflation was the inflation of locally produced foods.

GNA

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COP Yohuno takes over from Dr.Dampare as new IGP

President John Dramani Mahama has in accordance with Articles 91 and 202 of the 1992 constitution and in consultation with the Council of State, appointed Commissioner of Police (COP) Christian Tetteh Yohuno as the Inspector-General of Police.

He replaces COP Dr. George Akuffo Dampare.

COP Yohuno brings forty years of experience to the position of IGP and is expected to oversee the modernization and transformation of the Ghana Police Service.

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Minister for the Interior Urges European Union to Improve on Collaboration and Support

The Minister for the Interior, Hon. Muntaka Mohammed-Mubarak, commended the European Union (EU) for its continuous support and initiatives in Ghana and urged the Union to enhance collaboration and support with the Ministry and its agencies.

Ghana takes security issues seriously and will do everything possible to protect the peace and maintain security in the country, the Minister assured.

Other areas of collaboration discussed during the meeting aimed to improve the Ghana Prisons Service, particularly decongestion and equipment improvement.

Hon. Muntaka made these remarks while receiving a delegation from the EU, led by its Ambassador to Ghana, H.E. Irchad Razaaly.

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 The delegation assessed the EU’s Defence and Security initiative in Ghana, as well as supporting the country’s security and defence capabilities.

The initiative is part of the EU’s integrated approach to tackling instability and insecurity challenges in the region.

 The EU Security and Defence Initiative (EU SDI) in the Gulf of Guinea region is geared towards strengthening the security and defence capabilities of Ghana and effectively respond to security threats.

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