This is 0.3 percentage points lower than the 8.2% registered in November 2019.
Ghana ends its inflation rate for 2019 at 7.9percent
The year-on-year inflation rate in Ghana according to the Ghana Statistical Service (GSS) has ended at 7.9 in December 2019.
The reduction, according to the GSS, was due to a decrease in price levels of Vegetables and Fish.
According to the figures, food inflation registered an inflation rate of 7.2% in December 2019, 1.2% lower than the previous month.
Non-food inflation was however 8.5%, up from 8.0% recorded in November 2019.
Inflation of imported goods was however 6.1%, while the inflation of local goods was 8.7% on average.
This is the highest rate for local inflation and the lowest rate of inflation for imported goods since August 2019.
Ashanti region recorded the lowest year-on-year inflation rate of 5.0 percent whilst the Greater Accra region recorded the highest rate of inflation of 12.0% (basically due to Xmas festivity).
JOIN OUR PULSE COMMUNITY!
Eyewitness? Submit your stories now via social or: