RADP / Pulse Ghana > business > domestic

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.

File Photo

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.

Recommended articles

domestic Glovo to stop operating in Ghana effective May 10, cites profitability concerns

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%