Business News of Sunday, 16 December 2018Source: Myjoyonline.comGovernment says drop in inflation, fuel prices sign of better days aheadplay videoDeputy Information Minister, Pius HadzideDeputy Information Minister, Pius Hadzide, has said the government is committed to further reducing the hardships of Ghanaians inherited from the previous administration. “Two major recent interventions which we expect will further reduce the legacy burden on Ghanaians are the further drop inflation to 9.3% and an expected further reduction in fuel prices this week. Owing to the competence of the economic managers, in October 2018, the inflation rate further declined to 9.5%. “Fuel prices which have also been experiencing an uptick over a two month period have also been on a gradual decline in recent weeks. Indeed government expects a further drop in fuel prices by an average 5.8% reduction for petrol, 4.8% reduction for Diesel and 2.46% reduction for LPG.

Source: GhanaWeb December 16, 2018 16:30 UTC