The Ghana Statistical Service has said between November and December 2019, the price level of food and non-alcoholic beverages went down slightly by -6 percent.
The decline was predominantly driven by a fall in price levels of vegetables and fruits, he said.
The inflation of imported goods was 6.1 percent while that of local goods was 8.7 percent on average.
The rate is the highest for local goods and the lowest for imported goods since August 2019.
Professor Samuel Kobina Annim, the Government Statistician, who announced this at a press conference, said the year-on-year inflation rate fell slightly to 7.9 percent in December, lower by 0.3 percentage points from 8.2 percent recorded in November 2019.
“Due to its relative importance in consumption, food is still the main driver of inflation in the country,” he said.
Food and non-alcoholic beverages year-on-year inflation rate was 7.2 percent, down 1.2 percentage points from the 8.4 percent recorded in November.
The non-food group recorded a rate of 8.5 percent, a slight increase of 0.5 percentage points from 8.0 percent in November.
Alcoholic beverages, tobacco, and narcotics 13.5 percent, transport 11.0 percent and Housing 10.5 percent were the divisions with the highest rates of divisions.
Source: Kofi Atakora
