The Eastern Region of Ghana recorded the highest inflation rate for the month of November with a monthly inflation rate of 63.3%, data from the Consumer Price Index (CPI) released by the Ghana Statistical Service (GSS) on Wednesday, December 14th 2022 has revealed.
The Eastern Region was followed by the Greater Accra Region, which recorded a monthly inflation rate of 61.6%.
On the national level, Ghana recorded an inflation rate of 50.3% for the month of November 2022.
November’s inflation rate represents a significant increase from the 40.4% recorded for October 2022.
Per the data, food inflation hit 55.3%, from October’s rate of 43.7% and Non-food inflation also shot up by 7.2% to 46.5% in November 2022.
The consumer price index, which measures a wide basket of goods and services rose to 0.3% percentage points month-on-month.
Source: theGhanaianVoice.Com