Ghana’s inflation rate has dropped significantly to 13.7 percent for the month of June 2025, marking the sixth consecutive monthly decline and the lowest level recorded since December 2021.
The latest data from the Ghana Statistical Service (GSS), shows a sharp fall from the 18.4 percent recorded in May, largely driven by easing food prices and a general slowdown in price increases across key sectors.
Government Statistician, Dr. Alhassan Iddrisu, addressing the media on Wednesday, July 2 attributed the decline to reduced inflationary pressures that have weighed on the economy in recent months.
He noted that for the first time in a while, the country has recorded a month-on-month deflation of 1.2 percent, suggesting a real and sustained shift in price levels.
Food inflation, which has been a major driver of the overall inflation rate in recent months, dropped by 6.5 percentage points to 16.3 percent from 22.8 percent recorded in May.
Non-food inflation also declined, easing to 11.4 percent from the previous 14.4 percent.
The consistent decline over the past six months provides renewed hope for businesses, consumers, and policymakers, especially as the government targets achieving single-digit inflation by early 2026.
Source: Ghana/Starrfm.com.gh/Hamdia Mohammed
