The sports category has moved to a new website.

Ghana's inflation for February 2020 remains unchanged at 7.8 percent

Ghana’s inflation has remained unchanged at 7.8% in February 2020.

Ghana's inflation for February 2020 remains unchanged at 7.8 percent

This is according to the latest figures released by the Ghana Statistical Service (GSS).

This continued the trend of stable inflation of about 8% recorded over the past six months.

According to the GSS, food is still the main driver of inflation in Ghana, even though there are four divisions with higher inflation rates.

Compared to January 2020, there was a shift in the inflation for the Housing, Water, Electricity and Gas Division, from 7.6% to 6.3%.

ADVERTISEMENT

Food inflation was 7.9% while non-food inflation was 7.7%.

For the non-food inflation, Alcoholic Beverages, Tobacco and Narcotics (11.6%); Transport (9.9%); and Recreation (9.0%) and Clothing and Footwear were the divisions with the highest rates of inflation.

For food inflation, price levels of Vegetables; Fruits and Nuts, Cocoa Drinks were higher than its average of 7.9%.

Inflation of imported goods was 5.9%, while the inflation of local goods was 8.6% on average.

For the regions, Greater Accra recorded the highest inflation rate of 9.7% whiles the region with the least inflation rate of 5% was the Upper West region.

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

African countries with the highest divorce rate

African countries with the highest divorce rate

10 African cities with the highest crime index at the start of 2024

10 African cities with the highest crime index at the start of 2024

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Details of Ngina Kenyatta's luxurious restaurant

Details of Ngina Kenyatta's luxurious restaurant

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

ADVERTISEMENT