Ghana’s inflation rate has gone up marginally to 42.2% in May from 41.2 % recorded in April 2023 as food prices soared.
Annual price growth quickened to 42.2% from 41.2% in April.
Food inflation witnessed a sharp rise to 51.8% last month from 48.7% in April and non-food price growth decelerated to 34.6% from 35.4%.
Government Statistician Samuel Kobina Annim gave these updates in Kumasi on Wednesday, June 14
He indicated that prices rose 4.8% in the month with the Western North and Ashanti recording the highest and lowest inflation rates respectively.
