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Inflation for the month of July inched up marginally. It edged up to 9.5 percent from the 9.4 percent recorded in June. The monthly change for July was 0.7 percent which is 0.7 percent point lower than that of June. The monthly inflation rate has been increasing since March this year. Some economists have predicted inflation is likely to hit double digits by the end of the year. The food and non alcoholic beverage group recorded a year on year inflation rate of 5.5 percent up from 5.4 percent in June this year. The non food group recorded a year on year rate of 12.0 percent. Transport, miscellaneous goods and services, alcoholic beverages, tobacco as well as clothing and footwear recorded inflation rates above the non food group. Inflation rate (year on year) in the regions ranged from 5.3 percent to 11.6 percent. The Central, Greater Accra and Ashanti regions recorded inflation rates above the national inflation rate of 9.5 percent.