Greater Accra recorded highest inflation rate of 15%

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At the regional level, the overall year-on-year inflation ranged from 4.3% in the Upper West Region and Volta Regions to 15.% in Greater Accra, the Ghana Statistical Service (GSS), has announced.

In all, but Greater Accra, Northern Region, and Upper East, Food inflation was higher than Non-Food Inflation.

Especially in Western Region (21.3% Food inflation compared to 7.4% NonFood inflation) and Ashanti (20.6% Food inflation and 5.4% Non-Food inflation), we see large differences between the Food and Non-Food inflation.

The overall month-on-month inflation was between -2.2% in the Upper West Region and 2.5% in Greater Accra.

Ashanti Region, which saw the highest month-on-month inflation between April and May 2020 (3.9%), had a negative (-0.6%) month-on-month inflation between May and June 2020. Overall, Regions with high month-on month inflation between April and May 2020, saw lower month-on-month inflation this month, and vice versa.

Source: Laudbusiness.com/Ghana

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