Ghana's inflation surges to 54.1%, for December, 2022.

Ghana's inflation surges to 54.1%, for December, 2022.

The Ghana Statistical Service estimates a 54.1 percent inflation rate for December 2022.

As a result, the overall price level in December 2022 was 54.1% more than it had been at the same time in 2021.

Food inflation surpassed the 55.3% figure for November 2022 to reach the highest inflation rate for December 2022 at 59.7%.

Locally produced goods saw an inflation rate of 51.1%, compared to 61.9% for imported goods.

At a news briefing on Wednesday, Professor Samuel Kobina Annim, the government statistician, also revealed that, year over year, water consumption increased by nearly 94%, followed by fruit and vegetable juice consumption, which peaked at 84.6%.

The area with the greatest inflation, at 66.7%, was the Greater Accra Region, while the region with the lowest inflation, at 35.6%, was the Bono Region.

Also Read: Monthly SSNIT pensions increased by 25 percent.

Source: ghananews.hrforum.uk