Eastern Region has again recorded the overall highest inflation rate of 51.1% as against the national inflation figure of 40.4% for the month of October 2022.
Volta Region recorded the lowest inflation rate of 25.8% almost twice the low Eastern region’s inflation figure.
Central Region(57.9%) recorded the highest food inflation while Greater Accra recorded the highest non-food inflation (53.2%).
“Housing, water electricity, gas and other fuels (76.2%) recorded the highest rate of inflation in the Eastern Region, for food inflation in the Central Region, Fish and Other Seafood had the highest rate of inflation of 74.5%” the Ghana Statistical service announced.
This means the Cost of living in the Eastern Region is becoming terribly unbearable to the resident.
The new rate was captured in the Consumer Price Index (CPI) data released by the Ghana Statistical Service (GSS) on Wednesday, October 9, 2022.
Month-on-month inflation between September and October 2022 was 2.7%, Government Statistician, Professor Samuel Kobina Anim told reporters in Accra.
Per the data, food and non-food inflation rose to hit 43.7 per cent and 37.8 per cent respectively.
Inflation for locally produced items was 39.1% while that of imported items hit 43.7%.
Source: Mybrytnewsroom.com/Obed Ansah