The Ghana Statistical Service stated that foodstuffs such as Oil and Fats (28.2%), Water (27.1%), Cereal Products (25.0%), Vegetables (23.8%), Fish and Other Seafood (23.7%), Fruits and Nuts (22.1%), Soft Drinks (20.5%) and Live Animals and Meat (20.2%) recorded inflation rate, higher than the national average.
Transport which includes fuel recorded the highest inflation rate of 27.6%, followed by Housing which was 21.4%.
The figures showed that food inflation recorded a rate of 22.4% in March 2022, away from the 17.4% recorded in February 2022.
However, the non-food inflation rate was 17.0% in March 2021, from the 14.5% rate in February 2022.
Also, between February 2022 and March 2022, month-on-month inflation was 4.0%.
Food inflation exceeded non-food inflation by 0.8 percentage points on a month-on-month basis.
Local inflation also shot up to 20% in March 2022, as against 17.3% of imported goods or inflation.
The Bono Ahafo region recorded the highest rate of inflation of 23.3%.
Upper East region recorded the lowest rate of inflation of 12.5%.
Inflation rises to 19.4%
