Ghana's inflation rate for the month of July edged up to 11.4%, up from 11.2% in June 2020.

The government's statistician, Prof. Samuel Kobina Annim, told reporters at yesterday's meeting on Wednesday that after the sharp price increases between March and June, the monthly inflation rate of 0.5 percent seems to indicate that prices are rising again to pre-Covid-19 levels.

He said food inflation was 13.7 percent, while non-food inflation was 9.7 percent. According to him, vegetables have recorded a significant variation from month to month and fuel food inflation from one year to the next.

Prof. Annim said that with the exception of fuels, most product categories had monthly inflation rates comparable to those of the period from October 2019 to March 2020.

He added that only two of the 13 divisions have above-average inflation rates; housing, water, electricity and gas (20.3 percent) and food and non-alcoholic beverages 13.17 percent.