The Year-on-Year inflation rate for June 2022 accelerated to 29.8 per cent, up from 27.6 per cent in May, the Ghana Statistical Service said last week<\/p>\n\n\n\n
The figure means that the Month-on-month inflation between May 2022 and June\u202f\u00a02022 stood at 3.0 percent.<\/p>\n\n\n\n
Food inflation for the month of June 2022 was 30.7 per cent compared to 30.1 per cent in May 2022.<\/p>\n\n\n\n
Non-food inflation for June 2022 was 29.1 per cent, while May 2022 recorded a rate of 25.7 per cent.<\/p>\n\n\n\n
Inflation for locally produced items was 29.2 per cent while inflation for imported items was 31.3 per cent.<\/p>\n\n\n\n
At the regional level, the Eastern region recorded the highest inflation of 35.8 per cent while the Upper East Region registered the lowest rate of 21.0 per cent.<\/p>\n\n\n\n
The Consumer Price Index measures changes in the price of a fixed basket of goods and services purchased by households.<\/p>\n\n\n\n
Prices are collected for approximately 39,500 products every month with price collection done in 44 markets.<\/p>\n\n\n\n
Products are ordered in a hierarchy of 13 divisions, 44 groups, 98 classes, 156 subclasses and 307 items.<\/p>\n","protected":false},"excerpt":{"rendered":"
The figure means that the Month-on-month inflation between May 2022 and June\u202f 2022 stood at 3.0 percent.<\/p>\n","protected":false},"author":3,"featured_media":2857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,8],"tags":[323,333,354,412],"class_list":{"0":"post-3211","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agric-and-environment","8":"category-economy-and-finance","9":"category-news","10":"tag-ghana-economy","11":"tag-ghana-inflation","12":"tag-ghana-statistical-service-gss","13":"tag-inflation"},"yoast_head":"\n