Business News of Monday, 13 January 2020Source: citinewsroom.comTransportation & housing cost will continue to make Accra most expensive city – EconomistFile photoThe cost of transporting foodstuff coupled with the high cost of housing in the capital Accra, among other factors, have been blamed for making the city the most expensive in Ghana. An analysis of the Ghana Statistical Service’s data on inflation for 2019 shows that Greater Accra was the most expensive region for consumers over the past 12 months. This means food inflation is still dominant as a contributor to inflation in the country. If you also look at housing as well, houses are expensive in Accra due to migration. And as you know cost of housing in Accra is relatively more expensive when compared to same in other African countries and even some parts of the United States.”

Source: GhanaWeb January 13, 2020 06:22 UTC