By Fred SARPONG Year-on-year inflation measured by the Consumer Price Index (CPI) dropped by 0.91% for the 12-month period ended March 2010, from the 14.23% recorded in February 2010 to 13.32% last month, according to figures released by the Ghana Statistical Service (GSS). The March 2010 inflation rate is the lowest in the past 26 consecutive months. The monthly rate of inflation in March 2010 was 1.14%, which was the lowest figure this year, and compares with 1.59% recorded in January 2010. Inflation had been on the increase since October 2008 when it recorded 17.30% and in June recorded its peak of 20.74%, but since then has been declining significantly until it recorded 13.32%, the lowest since January 2008. The food component of the CPI which constitutes about 45% of the weighted items in the basket, contributed to the decline for March 2010 inflation. Non-food inflation for March was 17.55%, while food inflation for the same period recorded 7.35%. BusinessWeek learnt that the mos...