It was by far the largest jump in nine months of swelling prices, surpassing the record set between December and January.Housing saw the largest price increase in February, up 25.4%from the previous month. Transport, which includes fuel prices, was up 18.3%.
It marks the largest jump in eight months of steady price hikes, bringing inflation in Ghana to its highest in more than five years, and the government statistician said he would expect it to lead to more discussion around monetary policy. Imported items also saw significant price increases, making their largest inflation jump since last May to 15%.
“Once inflation has reached a level like 13.9%, we would expect some discussion around and whether consumers should expect further impacts to inflation.”
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South Africa could be ready to ease COVID-19 restrictions further: Professor Karim - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.ICYMI: Former head of the Ministerial Advisory Committee on COVID-19, Salim Abdool Karim, says that South Africa could be ready to ease pandemic restrictions further as infection rates have declined. We can't wait 😎 Open stadiums So lovely to hear all that, but still that ain't authorize recklessness.
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