The Consumer Price Index (CPI), which measures inflation, increased to 13.9 per cent for the month of January 2022.
The Government Statistician, Prof. Samuel Kobina Annim, told journalists in Accra on Wednesday that the figure represented a 1.3 percentage points higher than 12.6 percent recorded in the month of December 2021.
According to Prof. Annim, the month-on-month inflation between December 2021 and January 2022 was 2.1 percent.
Local media reports on Thursday quoted the Government Statistician as saying that Housing, Water, Electricity, Gas, other Fuels and Transport recorded inflation rates above the national average of 13.9 percent with Housing, Water, Electricity, Gas and other Fuels, (28.7 percent) recording the highest inflation.
On the regional level, he said that the overall year-on-year inflation ranged from 6.9 percent in the Eastern Region to 18.4 percent in the Greater Accra Region.
Speaking on food and non-food inflation, Prof. Annim said that January’s food inflation rate was 13.7 percent, which was higher than both December’s food inflation (12.8 percent) and the average of the previous 12 months (10.4 percent).
“Food inflation’s contribution to total inflation decreased marginally from 45.2 percent in December 2021 to 44.2 percent in January 2022,” he said.
GIK/APA