The inflation rate for September 2024 increased to 21.5 percent from 20.4 percent in August.
This rise is due to an increase in food inflation, which surged to 22.1 percent from 19.1 percent in August.
However, non-food inflation declined to 20.9 percent from 21.5 percent in August.
The government aims to limit the year-end inflation to 15 percent.
Inflation had been decreasing for five consecutive months, but Prof. Samuel Kobina Anim, the government statistician, announced that there are still potential risks.
He noted that, the trend was reversed in September, with food prices showing a higher rate of increase.
The report also showed an increase in inflation for both locally produced and imported items.
Inflation for imported goods rose to 17.0 percent in September from 16.1 percent in August, while inflation for locally produced items climbed to 23.4 percent from 22.2 percent.
The sectors with the highest inflation rates in September 2024 were restaurants and accommodation services at 27.9 percent, alcoholic beverages, tobacco, and narcotics at 27.6 percent, housing, water, electricity, gas, and other fuels at 26.4 percent, education services at 23.7 percent, and health services at 22.3 percent.
Food and non-alcoholic beverages also stood at 22.1 percent, all exceeding the overall inflation rate of 21.5 percent.
Source: Adomonline
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