Recent statistical report by the Ghana Statistical Service (GSS) has revealed that year-on-year inflation for the month of June increased by 0.3% to 42.5%, as compared to 42.2% recorded in May 2023.
According to the government Statistician, Professor Samuel Kobina Annim, the main drivers of this inflationary trend are food and non-food items, which account for 54.2% and 33.4% respectively.
Locally produced items witnessed an inflation rate of 35.9%, while imported items had a higher inflation rate of 44.5%.
The Ghana Statistical Service reports that prices of vegetables, such as tomatoes, saw an increase in average prices.
