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Ghana's annual consumer price inflation stood at 13.1 per cent in October 2013, up from the 11.9 percent recorded in September 2013, the Ghana Statistical Service said in a statement.

The monthly change rate for October 2013 was 2.3 percent, against the -0.7 per cent recorded in September 2013.

The Food and non-alcoholic beverages group recorded an average year-on-year inflation rate of 6.9 percent, 2.0 percentage points lower than the 8.9 per cent recorded in September.

The non-food group recorded an average year-on-year inflation rate of 17.7 per cent, compared to a rate of 14.2 per cent recorded in September. Housing, water, electricity, gas and other fuels recorded the highest rate of 33.4 per cent followed by Transport (26.3%) and Clothing and footwear (18.3%). Inflation was lowest in the Communications subgroup (2.5%).

 

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