The Ghana Statistical Service has released the inflation rate for July 2022.
The rate has jumped to 31.7 per cent, moving from the 29.8 per cent recorded in June.
On a year-on-year basis, the difference between Food inflation (32.3%) and Non-food (31.3%) was 1 percentage points.
On a month-on-month basis, food inflation (3.3%) records a higher rate than non-food (3.0%), leading to 0.3 percentage point difference.
The percentage point increase in Non-food inflation (2.1) between June and July 2022 is higher than food inflation (1.6).
The percentage point difference between inflation for imported items (33.9%) and locally domestic items (30.9%) was 3%.
By: Raonbowradioonline..com/Ghana
