![](\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/09\/The-World-Bank.jpg\")
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Ghana is ranked 1st<\/sup> by the World Bank with the highest food prices in Sub-Saharan Africa in 2022.<\/p>\n According to the Bretton Wood institution\u2019s October 2022 Africa Pulse Report, food prices have since January 1,2022, gone up by 122%.<\/p>\n Since the start of 2022, food prices have increased sharply in many countries, largely due to the Russian\/Ukraine war.<\/p>\n According to the Food Price Index in Countries in Sub-Saharan Africa, Ghana has recorded the sharp prices in food on the African continent.<\/p>\n Food inflation in Ghana has been high, recording a year-on-year inflation of 34.4% in August 2022, the Ghana Statistical Service disclosed.<\/p>\n On month-on-month basis, inflation was even higher.<\/p>\n The drivers of food inflation in Ghana are Oils and Fats (67%); Fish and Other Seafood (42.9%); Water (42%); Cereal products (40%); Milk, Diary Products and Eggs (39.7%), Fruits and Vegetable Juices (37.7%) and Live Animals and Meat (34.5%). All of the items recorded inflation rates higher than the national average of 33.9%.<\/p>\n Overall, the World Bank said inflation breached the ceiling of the central bank target bands for all countries with an explicit nominal anchor.<\/p>\n In Nigeria, headline inflation started the year above the central bank limit of 9.0% and accelerated to 20.5% in August 2022 \u2013 the highest since September 2005. Food and fuel prices were the key factors behind the rally in inflation.<\/p>\n Meanwhile, Senegal followed Ghana closely with food price increases of 110%.<\/p>\n Uganda is 2nd<\/sup> with 107% increase in food prices.<\/p>\n Ranking of Sub-Saharan African countries with highest price increases in 2022<\/strong><\/p>\n Ghana is ranked 1st by the World Bank with the highest food prices in Sub-Saharan Africa in 2022. According to the Bretton Wood institution\u2019s October 2022 Africa Pulse Report, food prices have since January 1,2022, gone up by 122%. Since the start of 2022, food prices have increased sharply in many countries, largely due to […]<\/p>\n","protected":false},"author":1,"featured_media":1211949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[1124,671,557,1552,85,3293,1320,169,10345,4273,784],"class_list":["post-1219984","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-1st","tag-africa","tag-bank","tag-food","tag-ghana","tag-highest","tag-increases","tag-price","tag-ranks","tag-subsaharan","tag-world"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1219984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1219984"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1219984\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1219984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1219984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1219984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n\n\n
\n COUNTRY<\/strong><\/td>\n FOOD PRICE INCREASE (%)<\/strong><\/td>\n RANKING<\/strong><\/td>\n<\/tr>\n \n Ghana<\/td>\n 122<\/td>\n 1st<\/sup><\/td>\n<\/tr>\n \n Senegal<\/td>\n 110<\/td>\n 2nd<\/sup><\/td>\n<\/tr>\n \n Uganda<\/td>\n 107<\/td>\n 3rd<\/sup><\/td>\n<\/tr>\n \n Nigeria<\/td>\n 106.5<\/td>\n 4th<\/td>\n<\/tr>\n \n Kenya<\/td>\n 104<\/td>\n 5th<\/td>\n<\/tr>\n \n South Africa<\/td>\n 102<\/td>\n 6th<\/td>\n<\/tr>\n \n Angola<\/td>\n 101.5<\/td>\n 7th<\/td>\n<\/tr>\n \n Mozambique<\/td>\n 101<\/td>\n 8th<\/td>\n<\/tr>\n \n Zambia<\/td>\n 100.5<\/td>\n 9th<\/td>\n<\/tr>\n \n Congo<\/td>\n 100<\/td>\n 10th<\/sup><\/td>\n<\/tr>\n \n \u00a0<\/td>\n \u00a0<\/td>\n \u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"