This marginal reduction was largely influenced by a 1.8% decrease in food inflation, signaling a gradual easing of price pressures in the economy.

Addressing journalists on March 5, government statistician Prof. Samuel Kobina Annim highlighted the sustained decline in food inflation over the past four months and its potential impact on overall inflation levels.

“Over the last four months, we have observed a consistent month-on-month decline in food inflation, with a cumulative drop of 2.0 percentage points between November 2024 and February 2025,” he noted.

Despite this slight relief, Prof. Annim pointed out that the February inflation rate remains the third-highest in the past 10 months, indicating that economic pressures are still present.

Food inflation dropped from 28.3% in January to 28.1% in February, reflecting a 1.8% month-on-month decline.

Non-food inflation declined from 19.2% in January to 18.8% in February, representing a 0.9% decrease.

While food inflation declined overall, certain food categories saw price increases, including vegetables, tubers, cooking bananas, and pulses – 28.1%. Ready-made food and other food products at 45.5%.

Cereals and cereal products are pegged at 38.6%.

Fish and seafood at 26.5%.

The Upper West Region recorded the highest food inflation in the country at 49.8%, along with the second-highest non-food inflation at 24.0%.

The Savannah Region followed closely with a food inflation rate of 48.6%.

While inflation remains relatively high, the continued decline in food prices suggests a potential easing of overall inflation in the coming months if this trend persists.