Inflation rate drops again, records 52.8% in February
Inflation rate drops again, records 52.8% in February
The Ghana Statistical Service (GSS) has announced on Wednesday, March 15 that the inflation for the month of February 2023 was 52.8%, a drop from the 53.6 recorded in January 2023.
Five divisions recorded inflation rates higher than the average.
They are Transport (70.3%);
Furnishings Household Equipment (69.8%); Housing,
Water, Electricity, Gas and Other Fuels (69.6%);
Personal care, Social Protection and Miscellaneous Services (62.5%)
Food and non-Alcoholic Beverages (59.5%).
For food inflation, Fruits and Vegetables recorded the highest inflation of 92.5%, whilst Cocoa Drinks recorded no inflation.
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