The September rate is 4.2 percentage points lower than the 9.4 per cent recorded in the same period last year.

The Consumer Price Index stood at 271.5 relative to the 2021 base year of 100, while month-on-month inflation was 1.1 percent.

Food inflation increased to 4.0 per cent from 3.0 percent in August, while non-food inflation declined to 6.2 percent from 6.8 pe cent.

Services inflation stood at 8.3 percent, down from 8.6 percent, but remained nearly twice the rate for goods, which was 4.2 percent.

Locally produced items recorded inflation of 6.4 per cent and accounted for 85.7 per cent of the total inflation rate, while imported items rose by 2.4 per cent.

At the regional level, inflation ranged from negative 0.5 percent in the Western Region to 9.8 percent in the Ashanti Region.

Four regions recorded rates above the national average.

Ashanti and Greater Accra together contributed 56.6 per cent of the national rate.

Among the divisions of spending, housing, water, electricity and gas recorded the highest inflation at 10.3 percent, followed by insurance and financial services at 9.4 percent and restaurants and accommodation services at 9.2 percent.

Information and communication recorded the lowest rate at 0.3 per cent, while education services declined by 3.5 percentage points to 5.7 percent.

The largest price drivers for the month were fresh tomatoes, rent payments, ginger, cooked rice, bus and trotro fares, yam and imported beer.

Fresh tomatoes recorded the highest year-on-year increase at 153.4 percent, followed by ginger at 100.4 percent and shrimps at 62.8 percent.

Lime recorded the largest decline at 29.9 percent, followed by maize at 26.4 percent and foreign apples at 24.1 percent.

The Government Statistician, Dr Alhassan Iddrisu, who presented the figures, said the data showed that inflation remained below the lower bound of the Bank of Ghana’s medium-term target band of 8 per cent plus or minus 2 percent.

He said the statistics service would continue to publish accurate figures on time and remain independent and transparent.