“This means that the general price level went up by 8.8% over the one year period from March 2011 to March 2012,” Dr Philomena Nyarko, Acting Government Statistician told a press conference to announce the figures.
The monthly change rate for March was 1.2%, a slight dip from the 1.5% registered in February.
She said the food group and non-alcoholic beverages group recorded a year-on-year inflation rate of 4.4 percent, with seven sub-groups recording inflation rates higher than the group average of 4.4%.
Bread and Cereal, fish and meat are the main contributors to inflation in the food group.
The rate of inflation in non-food group was up at 11.4 percent with six sub-groups registering inflation rates higher than the group average.
The main contributors to the 11.4 % non food inflation were transport, furnishings, household equipment, clothing and footwear.
“The non-food inflation rate (11.4%) was more than two and a half times that of the food inflation rate (4.4%),” Dr Nyarko said.
Central region recorded the highest inflation rate of 13.0% while Upper East & Upper West regions had the lowest rate of 6.3%.