Nigeria, Feb. 5 -- The number was revealed by government statistician Alhassan Iddrisu, who said the decline reflects a broader slowing in price pressures across the nation.

Falling food costs, along with slower growth in nonfood goods, drove most of the moderation. From 4.9 per cent last month, food inflation dropped to 3.9 per cent; nonfood inflation fell more sharply to 3.9 per cent from 5.8 per cent.



Following years of strong price pressures that significantly affected households and businesses, The News Chronicle understands that the most recent inflation figure marks a turning point for Ghana.

Experts argue that the ongoing disinflation trend is restoring public trust in the nation's macroeconomic policy and in purchasing pow...