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Ghana records 37.2 % inflation rate for September

October 12, 2022 4:23 PM

The Ghana Statistical Service has announced that the country recorded an inflation rate of 37.2 per cent for the month of September.

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According to new data released by the GSS, the rate has moved from 33.9 per cent in August 2022 to 37.2 per cent in September 2022.

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This is a 2.0 per cent month-on-month increase from the 33.9 per cent rate recorded in August 2022.

However, the rate is also 37.2 per cent higher than that of September 2021.

Year-on-Year inflation varied upwardly by 2.2 percentage points between August (31.7%) and September (33.9%) 2022.

Government Statistician, Prof Samuel Kobina Annim Pulse Ghana

Food inflation was 37.8% while non-food inflation was 36.8%.

Inflation for locally produced items was 35.8% while inflation for imported items was 40.7%.

Western Region recorded the highest food inflation (47.0%) and Eastern Region, the highest non-food inflation (42.0%). Eastern Region recorded the overall highest inflation (41.0%) followed closely by Western Region (40.2%) and Greater Accra Region (39.3%).

Transport (68.7%) recorded the highest rate of inflation in the Eastern Region, for food inflation in the Western Region, Fish and Other Seafood had the highest rate of inflation at 64.0%