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Economy: Ghana’s Inflation Climbs Up, Currently 33.9 %

Kennedy Opoku by Kennedy Opoku
September 14, 2022
in Economy
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Ghana Statistical Service on 40.4% inflation
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Ghana’s inflation has risen for yet another month, climbing to 33.9%.

The August inflation is a 2.2 percent increase in the July figure of 31.7 percent.

The increase in August inflation, adds to the continue rise in the general prices of goods and services in the country.

Announcing the latest inflation on Wednesday, September 14, Government Statistician Professor Samuel Annim observed that six items recorded inflations higher than the national average.

“This was led by Housing, Water, Electricity and Gas having the highest rates of inflation of 46.7 percent, followed closely by Transport 45.7 percent and up to Food and Non-Alcoholic Beverages being the sixth item that recorded rate of inflation higher than the national average of 33.9 percent.”

Prof. Annim announcing the new figures revealed that, this is the first time in the year that the lowest month-on-month rate of 1.9 percent was recorded.

The Eastern Region recorded the highest regional rate of 41 percent while the Upper East Region recorded the lowest rate of 22.8 percent.

 

source: theGhanaianvoice.com

Tags: GhanaInflation
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Kennedy Opoku

Kennedy Opoku

Kennedy Sampene Opoku is the Deputy Editor of TheGhanaianVoice.Com, and he is based in Tema, Ghana. Kennedy holds a Bachelor’s Degree in Communication Studies (Journalism major) from the Ghana Institute of Journalism.

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