Prime News Ghana

Ghana’s inflation rate rises again; hits 37.2% in September 2022

By Vincent Ashitey
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Ghana’s inflation has soared again to hit 37.2 percent in the month of September 2022.

This is against 33.9% recorded in August 2022.

This was announced by the Government Statistician, Prof. Samuel Annim at a press conference on Wednesday, October 12, 2022.

READ ALSO: Inflation hits 33.9% in August 2022

The GSS noted that five groups recorded inflation rates higher than the national average in September.

They were Housing, Water, Electricity, Gas, and Other fuels (68.8%); Furnishings, Household Equipment, and Routine Household Maintenance (51.1%); Transport (48.6%); Personal Care, Social Protection and Miscellaneous Goods and Services (42.6%) as well as Food and Non-Alcoholic Beverages (37.8%).

However, the increase in water and electricity tariffs resulted in an increase in household expenditure.