Inflation in Ghana for the month of June 2023 increased marginally to 42.5 percent compared to the 42.2 percent recorded in May 2023.
Professor Samuel Kobina Annim, government statistician has disclosed the main drivers of this inflationary trend are food and non-food items, which account for 54.2% and 33.4% respectively.
Imported items saw a higher inflation rate of 44.5%, whiles locally produced items witnessed an inflation rate of 35.9%.
Vegetables such as tomatoes, saw an increase in average prices.
Prof. Samuel Kobina Annim is quoted by Citinewsrooms website saying: “At the minimum, we see a widening of the gap between food and non-food inflation. We need to focus on why we see food inflation going up. We have seen about a 20 percentage point change between food inflation and non-food inflation.”
He advised policymakers to take a critical look at factors contributing to the increase in food inflation.
