This was introduced by the Government Statistician, Prof. Samuel Annim at a press convention on Wednesday, September 14, 2022, when he gave a breakdown of the Consumer Price Index (CPI) and Inflation for 2022.
Food inflation for August 2022 was 34.4 percent as against 32.3 percent in July 2022, whereas non-food inflation was 33.6 percent in August 2022 as against 31.3 percent in July of the identical year.
Year-on-year inflation for housing, water, electrical energy, gasoline and other fuels had the very best inflation rate recorded at 46.7 percent with transport recording the second highest at 45.7 percent.
Data from the Ghana Statistical Service (GSS) nevertheless present that the country recorded its lowest month-on-month rate of inflation for 2022 at 1.9 percent from 3.1 percent in July.
Inflation for regionally produced gadgets was marginally decrease than that for imported gadgets, with 33.4 percent and 35.2 percent respectively.