The inflation rate for December 2022 hit 54.1 percent.
According to the Ghana Statistical Service, the general price level was 54.1% higher than in the same period in 2021.
Food inflation was the highest with 59.7%.
The figure went up from 55.3% for that of November to the current figure.
Inflation for locally produced items was 51.1 while that for imported items stood at 61.9%
Speaking at a press conference on Wednesday, the Government Statistician, Professor Samuel Kobina Annim said for the year-on-year basis, water went up by over 94%.
This was followed by fruit and vegetable juices which stood at 84.6%.
The Greater Accra Region was the region with the highest inflation of 66.7% with the Bono region being the region with the lowest inflation of 35.6%.