Manufacturing Sectors To Control Inflation – Prof. Quartey

Director at the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey, has said that government and relevant stakeholders must do more to support the agriculture and the manufacturing sectors to help reduce the country’s rising inflation rate. Inflation rose to 27.6 percent in May from the 23.6 percent recorded in April 2022. Official figures from the Ghana Statistical Service (GSS) for the period show that 56.2 percent of the products responsible for the rise in inflation are food and non-food products that were locally produced, with imported items accounting for the other…