June’s inflation increased slightly from 42.2% to 42.5%.

Ghana’s June 2023 inflation rate climbed slightly from the 42.2 percent seen in May 2023 to 42.5 percent.

Food and non-food goods account for 54.2% and 33.4%, respectively, of this inflationary tendency, according to the government statistician, Professor Samuel Kobina Annim.

• Ghana’s inflation increases to 42.2 per cent in May 

Locally produced items witnessed an inflation rate of 35.9%, while imported items had a higher inflation rate of 44.5%.

The Ghana Statistical Service reports that prices of vegetables, such as tomatoes, saw an increase in average prices.

Prof. Samuel Kobina Annim advised policymakers to take a critical look at factors contributing to the increase in food inflation.

“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.”

After reaching a more than two-decade high of 54.1% in December, inflation had gradually declined for four consecutive months until April.