President of the National Association of Graduate Teachers (NAGRAT), Angel Carbonu

National Association of Graduate Teachers (NAGRAT) President Angel Carbonu revealed that the current rate of inflation and other prevailing economic conditions will influence the Association’s salary negotiations with the government this year.

According to him, these elements will form the basis of the Association’s agreements on compensation for its workers.

Speaking in an interview with JoyNewshe asserted that the workers should not be subjected to harsh conditions, therefore, it is necessary that the income of the workers be commensurate with the increase in the cost of living in the country.

“The price change for goods and services is at an all-time high and April inflation is the highest in 18 years. An indication that the worker is getting progressively worse day by day. And as we said from the beginning, this year’s negotiations will be influenced by the behavior of inflation, as we can say.

Because you and I are aware of the proposals made to PURC by the water company and the electricity company. You and I are also aware of the increase in transport prices announced by the transport organization just a fortnight ago. And of course general increases in the prices of other goods and services.

The government’s own transaction fee has been increased to a minimum of 15%. So that’s an indication that all of that will be factored into the negotiations, so that at least the worker is shielded from some of those pressures, he explained.

Mr. Angel Carbonu made these remarks on the back of the newly announced inflation rate for April, which stands at 23.6%; the highest recorded since January 2004.

According to the Ghana Statistical Service (GSS), four divisions – Transport (33.5%); Household equipment and routine maintenance (28.5%); Food and non-alcoholic beverages (25.6%), and housing, water, electricity, gas and other fuels (25.0%) recorded inflation rates above the national average 23.6%, with transport registering the highest inflation.

Monthly national inflation from March 2022 to April 2022 was 5.1%.

While inflation for food and non-alcoholic beverages was 26.6%, non-food inflation stood at 21.3%.

April 2022 food inflation (26.6%) was higher than March 2022 food inflation (22.4%) and the average for the previous 12 months (13.5%). The contribution of food inflation to headline inflation, however, decreased from 51.4% in March 2022 to 50.0% in April 2022

All 15 food subclasses recorded positive month-on-month inflation, with fruit and vegetable juices recording the highest (15.3%).

For Non-Food inflation, inflation over one year on average increased further in April 2022 compared to March 2022 (from 17.0% to 21.3%).

Only one of the 12 non-food divisions had a 12-month moving average above April 2022 year-on-year inflation for the divisions.

Moreover, the inflation of imported goods was 24.7%, which is higher than the 17.3% recorded in March 2022; while inflation for locally produced items was 23.0% up from 20.0% recorded in March 2022. This is the first time in 29 months that inflation for imported items has exceeded domestic inflation .

In announcing these figures, the government statistician, Professor Samuel Kobina Anim, took the opportunity to call on policy makers to address the rising prices of goods and services in the country.

Upper East records lowest inflation rate of 18.4%

Meanwhile, the Upper East region recorded the lowest inflation rate of 18.4%. However, the Center region recorded the highest inflation rate of 26.7%.

Greater Accra recorded an inflation rate of 25.1%, while Ashanti Region recorded an inflation rate of 21.7%.

For the region with the lowest food inflation, the Upper East reached 18.1%, while the Upper West recorded the highest inflation rate of 38.5%.