Ghana’s inflation for December hits 54.1%

Ghana Statistical Service has announced that inflation rate for December 2022 is 54.1percent.

This gives an indication that in the month of December 2022, the general price level was 54.1% higher than in the same period in 2021.

Food inflation was the highest for December 2022 at a rate of 59.7% which is soaring past the 55.3% recorded in November 2022.

Also, inflation for locally produced items was 51.1 while that for imported items stood at 61.9%

Speaking to the media on Wednesday, the Government Statistician, Professor Samuel Kobina Annim further disclosed that on a year-on-year basis, water went up by over 94%, followed by fruit and vegetable juices peaked at 84.6%.

He said, at the regional level, Greater Accra region recored the highest inflation of 66.7% with Bono region being the region with the lowest inflation of 35.6%.

Source: Eric Nii Sackey