Inflation for February 2025 has declined slightly to 23.1% from the 23.5% recorded in January, Government Statistician Prof. Samuel Kobina Anim has announced.
Speaking to journalists on Wednesday, March 5, he attributed the marginal drop to a 1.8% reduction in food inflation.
“In the last four months, you’ve seen a consistent decline in food inflation on a month-on-month basis, declining by 2.0 percentage points between November 2024 and February 2025,” he noted.
Despite the decline, February’s inflation rate remains the third-highest recorded in the last 10 months.
The overall food inflation rate for February was 28.1%, down from 28.3% in January, while non-food inflation dropped to 18.8% from 19.2%.
However, price increases were observed in key food categories, including vegetables, tubers, and cereals, with ready-made food inflation reaching 45.5%.
Regionally, the Upper West Region recorded the highest food inflation at 49.8%, followed closely by the Savannah Region at 48.6%. Prof. Anim emphasized the importance of continued monitoring to sustain the downward inflation trend.
