Ghana records 37.2 % inflation rate for September

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According to the Ghana Statistical Service, the country’s inflation rate in September was 37.2%.

The GSS reports that the rate has increased from 33.9% in August 2022 to 37.2% in September 2022.

Compared to the 33.9 percent reported in August 2022, this is a monthly gain of 2.0 percent.

The rate is 37.2% greater than it was in September 2021, though.

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Between August and September of 2022, a 2.2 percentage point increase in year-over-year inflation was seen.

The inflation rate was 35.7 percent for goods made in the country, and 40.7 percent for those made outside.

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The food inflation rate in the West was the greatest (47.0%), while the non-food inflation rate in the East was the highest (42.0%).

Inflation was greatest in the Eastern Region (41%) and then moved on to the Western Region (40%) and the Greater Accra Region (39%).

While the greatest rate of inflation in the Eastern Region was reported for transportation (68.7%), the highest rate of inflation in the Western Region was recorded for fish and other seafood (64.0%)

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