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    February inflation records 15.7%

    The Ghana Statistical Service (GSS) has announced that the Inflation rate for February 2022 was 15.7 per cent.

    This means that in the month of February 2022 the general price level was 15.7%.

    Food inflation for February 2022 was 17.4%, indicating 2.9 percentage point inflation higher than non-inflation (14.5%).

    Food inflation for February 2022 recorded a 3.7 percentage point increase compared to January 2022.

    Food inflation for February 2022 recorded a 6.6 percentage point increase in relative to the average over the last 12 month March 2021 to February. 2022

    Non-Food inflation for February 2022 recorded a 0.4 percentage point increase compared to January 2022

    Non-Food inflation for February 2022 recorded a 3.8 percentage point increase in relative to the average over the last 12 month March 2021 to February. 2022

    Month-on-Month food inflation (3.2%) surpassed non-food inflation (1.7%) by 1.5 percentage points

    Variation in locally produced items (16.7%) and imported items (12.9%)  for January 2022 was 3.8 percentage points.

    Source3news

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