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November Inflation rate up to 50.3%

December 2024 inflation rate hits 23.8%
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By: Franklin ASARE-DONKOH

The Ghana Statistical Service (GSS) has announced that the inflation rate has gone up to 50.3% in the month of November 2022 from the previous 40.4 %.

According to the GSS food inflation recorded at 55.3%, from October’s rate of 43.7%.

Non-food inflation also shot up by 7.2% to 46.5% in November 2022. The GSS said on Wednesday, 14, December 2022.

Inflation for locally produced items also stood at 48.3%, whilst inflation for imported items was 55.1% in November 2022.

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