Prime News Ghana

Ghana's inflation rises to 54.1% in December

By primenewsghana
Shares
facebook sharing button Share
twitter sharing button Tweet
email sharing button Email
sharethis sharing button Share

The Ghana Statistical Service (GSS) has disclosed that the country's inflation hit 54.1 percent in December 2022.

Speaking at a press conference on Wednesday, the Government Statistician, Professor Samuel Kobina Annim said the month-on-month inflation rate stood at 3.8% in December 2022.

READ ALSO: Ghana inflation rate hits 50.3% in November 2022

According to the figures, five divisions recorded inflation rates higher than the national average.

 

 

They were Housing, Water, Electricity, Gas and Other Fuels (82.34%); Furnishings, Household Equipment (71.52%); Transport (71.42%); Personal Care, Social Protection and Miscellaneous Goods and Services (60.94%) and Food and Non-Alcoholic Beverages (59.71%).

Whilst Food inflation went up by 4.4% in December 2022, Non-Food Inflation went up to 49.9% in December 2022, from 46.5% in November 2022.

Inflation for locally produced items was 51.1% and inflation for imported items was 61.9%.

The Greater Accra Region was the region with the highest inflation of 66.7% with the Bono region being the region with the lowest inflation of 35.6%.