The rate of inflation inched downwards towards the Bank of Ghana (BoG) medium-term inflation target band of 8.0% ± 2.0% as prices pressures on some food items began to ease.
The year-on-year inflation rate remained unchanged at 7.8% in February in line with expectations as reduced petroleum prices at the pump coupled with a Cedi appreciation eased tension on consumer
The consumer price index ended the first quarter of 2019 rising to a 3-month high. The inflation rate for March 2019 was reported at 9.3%, up by 10 basis points
