The Ghana Statistical Service (GSS), has announced that the country’s year-on-year inflation rate rose to 23.0 per cent in November from 22.1 per cent in October, 2024.
The Government Statistician, Professor Samuel K. Annim, told news conference in Accra on Monday that the increase represented 0.9 percentage points in the rate of inflation and that on month-on-month, the rate of inflation increased to 2.6 per cent in November from 0.9 per cent in October.
He explained that the November rate of inflation was the highest since June when the inflation rate stood at 22.8 per cent.
Local media reports quoted Prof Annim as saying that the food inflation drove both the year-on-year and month-on-month November inflation rates and that food inflation rose to 25.9 per cent in November from 22.8 per cent in October and on month-on-month food inflation stood at 3.8 per cent.
According to hum, vegetables, tubers and plantains which recorded a price change of 40.0 per cent drove food inflation in November, while non-food fell to 20.7 per cent in November from 21.5 per cent in October and on month-on-month, the non-food inflation stood at 1.4 per cent.
He also said that inflation for locally produced items increased to 25.4 per cent in November from 24.6 per cent in October, while inflation for imported items rose to 17.6 per cent in November from 16.3 per cent in October.
GIK/APA