Inflation edges up to 5.0%
5.0%
August, from 4.6% in July
Food inflation was 3.0% and non-food 6.8%. Locally produced goods rose 6.1% against 2.2% for imports.
Across every category
Three forces shaping the quarter
Value is growing much faster than volume
+21.9%
FMCG value against +3.7% volume, H1
SumsureIQ's first-half read covers 10 retail channels across all 16 regions.
Fuel price floors rose on 1 September
GH¢14.53
Petrol floor, up from GH¢13.92
Diesel rose to GH¢15.60 from GH¢15.19.
Source MyJoyOnline (NPA), Sep
FMCG
Volumes are recovering, and value growth is far ahead.
FMCG volume up 3.7% and value up 21.9% in H1
The research draws on 10 retail channels including modern trade and petrol marts, across all 16 regions.
Fuel & lubricants
The regulator raised the price floor.
NPA raises price floors for 1 to 16 September
Petrol rose about 4.38% and diesel about 2.69%. Most marketers already price above the floor.
Source MyJoyOnline (NPA), Sep
Agriculture & inputs
Ghana plans a local organic fertiliser plant.
A $10 million organic fertiliser plant planned
An agreement was signed on 28 July, with initial capacity of 20,000 to 30,000 tonnes a year and a plan to reach 60,000 tonnes.
Source Funds for NGOs, 3 Aug
