Inflation drops to 52.8% in February

It fell to 52.8 per cent in February this year from 53.6 per cent in January 2022.

The February 2022 figure was announced by the Government Statistician, Prof. Samuel Kobina Annim, Wednesday.

It means that unlike January when prices of goods and services rose by an average of 53.6 per cent nationwide, they increased by 52.8 per cent in January across the countryy.

At 52.8 per cent, inflation is still in record high territories although now in a declining trend.