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The overall month-on-month inflation also records a third consecutive month of a decline by halving the rate of inflation recorded in November 2024, which was 2.6 percent.
The inflation rate for Ghana for February 2025 slowed down by 0.4 percentage points to record 23.1 percent year-on-year, according to a press release from the Ghana Statistical Service (GSS) copied to Ghana Business News. The rate for January was 23.5 percent.
The year-on-year rate of inflation further slows down by 0.4 percentage points, and month-on-month also further decreases by 0.4 percentage points in February 2025.
The overall month-on-month inflation also records a third consecutive month of a decline by halving the rate of inflation recorded in November 2024, which was 2.6 percent.
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According to the release, three divisions [Food and non-alcoholic beverages (28.1%); Alcoholic beverages, tobacco and narcotics (25.6%); and housing, water, electricity, gas, and other fuels (24.3%)] recorded year-on-year rates of inflation higher than the overall inflation (23.1%).
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