Inflation rate up to 50.3%

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

Food inflation recordsed 55.3%, from October’s rate of 43.7%, the GSS said on Wednesday December 14.

Non-food inflation also shot up by 7.2% to 46.5% in November 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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