{"id":161762,"date":"2024-03-13T11:30:18","date_gmt":"2024-03-13T11:30:18","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/03\/13\/inflation-for-february-2024-drops-to-23-2\/"},"modified":"2024-03-13T11:30:18","modified_gmt":"2024-03-13T11:30:18","slug":"inflation-for-february-2024-drops-to-23-2","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/03\/13\/inflation-for-february-2024-drops-to-23-2\/","title":{"rendered":"Inflation for February 2024 drops to 23.2%"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Latest data from the Ghana Statistical Service has revealed a decline in inflation, with the February figure standing at 23.2%.<\/p>\n<p>This represents a 0.3 percentage point decrease from the 23.5 percent recorded in January.<\/p>\n<p>During a press briefing in Accra on Wednesday, Government Statistician Prof. Samuel Kobina Anim provided a breakdown of the figures, explaining that the 23.2 percent indicates an increase in the prices of goods and services.<\/p>\n<p>\u201cThe February rate of inflation fell to 23.2 percent. This year-on-year inflation signifies that over a one-year period, prices of goods and services have gone up by 23.2 percent.<\/p>\n<p>\u201cThis figure is a reversal of the marginal increase we recorded in the month of January 2024, when the slowdown that we have successfully recorded for the last seven months saw a marginal increase to 23.5 percent. In reverse, we have turned around this increase for January 2024 to a reverse of 23.2 percent.\u201d<\/p>\n<p>According to the Consumer Price Index data released by the GSS, food and non-food inflation stood at 27.0% and 20.0% respectively.<\/p>\n<p>\u201cFrom a food and non-food inflation perspective, food inflation for February 2024 stood at 27.0 percent and non-food inflation for the month of February 2024 stood at 20.0 percent.\u201d<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Latest data from the Ghana Statistical Service has revealed a decline in inflation, with the February figure standing at 23.2%. This represents a 0.3 percentage point decrease from the 23.5 percent recorded in January. During a press briefing in Accra on Wednesday, Government Statistician Prof. Samuel Kobina Anim provided a breakdown of the figures, explaining [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":161763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-161762","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inflation for February 2024 drops to 23.2% - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/03\/13\/inflation-for-february-2024-drops-to-23-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation for February 2024 drops to 23.2% - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Latest data from the Ghana Statistical Service has revealed a decline in inflation, with the February figure standing at 23.2%. This represents a 0.3 percentage point decrease from the 23.5 percent recorded in January. During a press briefing in Accra on Wednesday, Government Statistician Prof. Samuel Kobina Anim provided a breakdown of the figures, explaining [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/03\/13\/inflation-for-february-2024-drops-to-23-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-13T11:30:18+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Inflation for February 2024 drops to 23.2%\",\"datePublished\":\"2024-03-13T11:30:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/03\\\/13\\\/inflation-for-february-2024-drops-to-23-2\\\/\",\"name\":\"Inflation for February 2024 drops to 23.2% - 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