The inflation rate for the month of October 2023 has dropped to 35.2 percent, the Government Statistician Professor Samuel Annim has announced.
The new rate was from the 38.1 percent in September 2023.
The decrease in the general inflation rate can be attributed to the marginal drop in food inflation, the Statistician said.
Food inflation in the period was 44.8 percent, while non-food was 27.7 percent
In addition, Inflation for locally produced item was 34.4 percent while imported items was at 34.4 percent from 37.4 percent in last month.
In the regional differentials, the Eastern Region recorded the highest rate of food inflation while Upper East region recorded the lowest rate.
Source:Fiilafmonline/3News
