Ghana’s year-on-year inflation rate for November 2021 rose to 12.2 percent from, up from 11.0 percent recorded in October this year, according to the Ghana Statistical Service (GSS).
The November rate represented an increase of 1.2 percent and the highest since August 2019.
The Government Statistician, Prof. Samuel Kobina Annim said that the overall, month-on-month food inflation was 2.1 percent, which was higher than the 12 month national month-on-month rolling average of food inflation of 1.0 percent.
He explained that non-food inflation for November was 11.6 percent compared with 11.0 percent in October with the average for the past 12 months at 9.3 percent.
“Housing, water, electricity, gas (20.5 percent) and transport (16.0 percent) recorded inflation rates above the national average of 12.2 percent,” local media reports quoted Prof. Annim as saying.
He also said that food inflation was 13.1 percent, while non-food inflation was 11.6 percent in November.
Prof. Annim explained that inflation for imported goods was 9.8 percent, higher than 8.8 percent recorded for October, while inflation for locally produced items was 13.0 percent, up from the 11.8 percent recorded last month.
GIK/APA