News
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.
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.
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
News
Enoch Boateng to host spirit-filled worship experience
All roads lead to the Word Arena Chapel International, as Enoch Boateng Ministries lead worshippers to the throne room tomorrow at Dansoman in Accra.
Dubbed ‘Let Judah Rise,’ it aims to uplift the spirit of attendees, ignite faith and create an atmosphere of deep worship.
In an interview with The Spectator Agoro, the UK-based artiste who doubles as a pastor said the first edition which was held in Oda in the Eastern Region was super and promises attendees that this year’s edition would be mind-blowing and full of miracles.
He stated that special guests ministering in songs include Joshua Ahenkorah, the soulful Efe Grace, and Benny Brooks.
Pastor Enoch Boateng has since extended invitation to everyone to come and experience God’s presence in a unique way.
By Linda Abrefi Wadie
News
Fusing politics with fashion
Ghanaians, especially die-hard sympathisers of the National Democratic Congress (NDC) trooped to the Black Stars Square to be part of history.
The occasion was the historical return of Mr John Dramani Mahama as president of Ghana and Prof. Naana Jane Opoku-Agyemang as vice president.
President Mahama was coming to the office of the president for the second time while Prof. Opoku- Agyemang was sworn-in as the first female Vice President.
The party sympathisers marked the occasion in style, appearing in fashionable dresses designed with party paraphernalia.
To make the electoral feat remarkable, they appeared in special shirts, jerseys, cloths in party colours, not leaving out the vuvuzelas.
Boldly inscribed in these attires were symbols of the NDC and Ghana.
The event also brought to the fore the typical Ghanaian hospitality, entertaining a couple of guests that came to witness the event
By Victor A. Buxton
