Ghana’s inflation rate on year-on-year rose, influenced by food and transportation prices.
Annual inflation rose to 8.2% from 7.7% in October. This is after the country had recorded a 7.6%, the lowest since September 2013.
Professor Samuel Kobina Annim, Government Statistician said, “Inflation is predominantly driven by food and transportation, even though the contribution of transport went down to 12.3% from 12.9% in October.”
- National year-on-year inflation from November 2018 to November 2019 was 8.2.
- Food and Non-alcoholic beverages inflation was 8.4% and average Non-food inflation was 8.0%
- “Inflation is predominantly driven by food and transportation, even though the contribution of transport went down.
- Inflation was 12.8% in the Greater Accra Region and 3.5% in the Upper East Region.
- Inflation of imported goods was 7.5%, while the inflation of local goods was 8.4% on the average.
By Eben Agyekum-Boateng |3news.com