The monthly change rate for December was 1.1 percent, compared with the 1.0 percent rate recorded for November 2015.

inflation
inflation

Government Statistician Philomena Nyarko said at a news briefing that inflation rate for the food and non-alcoholic beverage group recorded a 0.1 percentage point rise to 8.0 percent compared to the 7.9 percent inflation rate recorded in the previous month.

The inflation rate for non-food group also increased form 23.2 percent in November to 23.3 percent in December.

“The main price drivers for food inflation rate were vegetables and mineral water, soft drinks, fruits and vegetable juices,” said Nyarko, adding that transport (27.0 percent), Recreation and Culture (26.9 percent), and Education (26.8 percent), etc. were the main price drivers for non food group.

Nyarko noted that the relatively stable inflation for non-food was due to the stability in the foreign exchange market between October and December 2015, while the food inflation was due to the low food harvest. Enditem.

Source: Xinhua

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