Government Statistician, Professor Samuel Kobina Annim, has stated that inflation for November 2023 has dropped to 26.4% from 35.2% in October 2023.
Per statistics, this is the fourth conservative time, inflation has dropped, however, equivalent to 8.8 percentage point decrease from the 35.2 percent recorded in October 2023.
The Government Statistician, Professor Samuel Kobina Annim, stated that inflation dropped as a result of the decline in food inflation.
“Food inflation dropped by 12.6% to 32.2% in November 2023. The month-on-month rate of food inflation was 0.8%, while non-food inflation, also eased to 21.7%, as compared with 27.7% in October 2023. The month-on-month rate of non-food inflation stood 2.2%”, he said.
He highlighted that the Western region recorded the highest inflation rate of 39.8 percent while Greater Accra recorded the least inflation rate of 19. 8 percent.
