 has noted that Inflation dropped from 23.5% in the January 2025 to 23.1% in February 2025.){kind=link}
The Ghana Statistical Service (GSS) has noted that Inflation dropped slightly from 23.5% in the January 2025 to 23.1% in February 2025.
It has also noted that the month-on-month inflation between January and February 2025 was 1.3 percent.
The Food inflation for February 2025 stood at 28.1 per cent, down slightly from 28.3 per cent in January, reflecting a 1.8 per cent month-on-month decrease.
While Non-food inflation also saw a marginal decline, dropping to 18.8 per cent in February from 19.2 per cent in January, representing a 0.9% reduction.
Government Statistician, Professor Samuel Kobina Annim made these known at the release of the Ghana, February 2025 Consumer Price Index and Inflation on March 5, 2025.
“In the last four months, you’ve seen a consistent decline in food inflation on a month-on-month basis, dropping by 2.0 percentage points between November 2024 and February 2025,” he stated.
According to the GSS, the Consumer Price Index(CPI) for February 2025 was 255.9 relative to 207.8 for February 2024.
The year-on-year rate of inflation for February 2025 was 23.1 percent.
This according to the GSS means that in February 2025, the general price level was 23.1 percent higher than February 2024.
He explained that there is a slight decline in inflation because prices of food and non-food products remained the same between the two months.
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Ghana| Atinkaonline.com| Porcia Oforiwaa