Inflation For November Goes Up 17.6%

Inflation For November Goes Up 17.6%

The Ghana Statistical Service (GSS) announced that inflation rate for November recorded a marginal rise of 0.2% from the previous month’s figure.

According to the report for the month of [November] inflation rose to 17.6% from October’s 17.4%.

Deputy Government Statistician, Dr Baah Wadie during a presentation to the media said the year-on-year non-food inflation rate for November 2015 was 23.2%, compared with 23.0% recorded in October 2015.

According to him, the year-on-year food inflation rate for November 2015 was 7.9% compared to 7.8% recorded in October this year.

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Also non-food elements such as electricity, water, transport and education were the push factors for the marginal rise.

On the regional level, the Upper West region recorded the highest rate of 19.1%, while the Upper East recorded the lowest of 13.0%.

 

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