Inflation up again, currently at 33.9%

The August inflation has reached 33.9 per cent. This is a 2.2 per cent increase in the July figure of 31.7 per cent.

Announcing the latest inflation on Wednesday, September 14, Government Statistician Professor Samuel Anim observed that six items recorded inflations higher than the national average.

“This was led by Housing, Water, Electricity and Gas having the highest rates of inflation of 46.7 per cent, followed closely by Transport 45.7 per cent and up to Food and Non-Alcoholic Beverages being the sixth item that recorded rate of inflation higher than the national average of 33.9 per cent.”

Imported Items recorded a higher rate than local products.

According to Prof. Anim, this is the first time in the year that the lowest month-on-month rate of 1.9 per cent was recorded.

The Eastern Region recorded the highest regional rate of 41 per cent while the Upper East Region recorded the lowest rate of 22.8 per cent.