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Home Business Economy

Inflation for December jumps to 54.1%

The Ghanaian Standard by The Ghanaian Standard
January 12, 2023
in Economy
Reading Time: 1 min read
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Inflation for December jumps to 54.1%
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The Ghana Statistical Service has pegged the inflation rate for December 2022 at 54.1 per cent.

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

At 59.7%, food inflation was the highest inflation rate for December 2022, soaring past the 55.3% recorded in November 2022.

Inflation for locally produced items was 51.1 while that for imported items stood at 61.9%

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

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%.

Tags: Ghana Statistical Service (GSS)inflation

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