Inflation in Ghana fell for the second month in 2023, February, to 52.8% after an increase for 19 months.
Details revealed by the Ghana Statistical Service on Wednesday, 15th March 2023 indicate that the Consumer Price Index for February 2023, was 168.7 relative to 110.4 for February 2022 using the linked series.
This means that the general price level in February 2023 was 52.8% higher than in February 2022.
Month-on-month inflation fell 1.9% between January 2023 and February 2023.
According to the data, food inflation was also 59.1% in February, down from 61.0% in January. Food inflation was 2.0% month on month.
Non-food inflation was 47.9%.