The Year on year Inflation for the month of February slowed down to record 52.8 percent.
This is a reduction from the January figure which was influenced by the drop in transportation and other non-food items.
The is the second consecutive time that the figure has dropped in 20 months.
In January 2023, Inflation fell marginally to 53.6%, from 54.1% recorded in December 2022.
Addressing Journalists on the new rate, Government Statistician, Professor Samuel Kobina Annim hinted that reduction is a confirmation of a sustained downward trend in the rate of inflation for the year.
More soon
Source: Ghana News