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Inflation inches up to 16.5% in February

March 11, 2015
Reading Time: 1 min read
PPI hits 27.1 %
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Inflation for the second month of 2015 February recorded an increase from the 16.4 percent it recorded in January to 16.5 percent for February.

[contextly_sidebar id=”m5N0JJGPGrBJyuxLXqII6T267TM6t76q”]Inflation measures the change over time in the general price levels of goods and services.

Food inflation rose to 7.0 percent from 6.9 percent whereas non food inflation recorded 23 percent same as that of January.

Central region again recorded the highest inflation rate of 20 percent from 18.4 percent in January while the Upper West Region recorded the lowest inflation of 13.3 percent the same as in January this year.

Four regions Central, Volta, Upper East and Ashanti recorded inflation rates higher than the national average of 16.5percent.

The Northern Region recorded the same inflation rate as the national rate of 16.5 percent.

By: Norvan Acquah-Hayford/citifmonline.com/Ghana

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