That is the monthly change rate in December 2018 was 1.1 percent as against 0.7 percent in November 2018.
Speaking at a press briefing in Accra on Wednesday, the acting government statistician, David Kombat said the slight hike in inflation for December can be attributed to the marginal hike in transport fares and spare parts.
“If you look at the Upper West Region, for example, we see that consistently when there is a change in fuel price or not, the inflation rate for transport is always the cause of the increase in their rates. The cost of spare parts has also had a trickling down effect on the overall year – on – year inflation rate,” he stated.
According to him, the price drivers for the food inflation rate were coffee, tea and cocoa (13.5 percent), fruits (11.4 percent), meat products (10.9 percent) and mineral water, soft drinks, fruit and vegetable juices (9.2 percent).
Meanwhile, five regions (Upper West, Brong Ahafo, Western, Ashanti and Northern) recorded inflation rates above the national average of 9.4 percent.
The Upper West region recorded the highest year-on-year inflation rate of 11.4 percent, followed by the Brong Ahafo region, while the Upper East region recorded the lowest year-on-year inflation rate of 7.5 percent in December 2018.
Government targeted single digit inflation last year and it is working hard to maintain the figure this year according to the Finance Ministry.