Ghana’s inflation rate increases to 37.2%

Ghana’s inflation rate has increased to 37.2 per cent in September 2022, up from the 33.9% recorded in August same year, the Ghana Statistical Service (GSS) has announced in Accra on Wednesday October 12.

Five groups recorded inflation rates higher than the national average in September, the GSS further announced.

They were Housing, Water, Electricity, Gas and Other fuels (68.8%); Furnishings, Household Equipment and Routine Household Maintenance (51.1%); Transport (48.6%); Personal Care, Social Protection and Miscellaneous Goods and Services (42.6%) as well as Food and Non-Alcoholic Beverages (37.8%).

Among the regions, the Eastern region (47.1%) maintained its lead as the region with the highest inflation. It was followed by the Greater Accra (45.3%) and Central regions (41.9%).

The Upper West region recorded the least rate of inflation of (22.9%).


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