Award-winning Ghanaian investigative journalist, Manasseh Azure Awuni, has recounted a market experience he had in a market at Bolga, where the prices of goods seemed to reflect the current drop in inflation in the country.

According to him, the prices of rice, oil and maize have reduced significantly in the market.

The Ghana Statistical Service (GSS) announced a significant decline in the country's inflation rate for June 2025, which dropped to 13.7%, down from 18.4% in May 2025.

This marks a 4.7 percentage point decrease within just one month and represents the lowest inflation rate recorded since December 2021.

Reacting to the announcement of the current inflation rate on July 3, 2025, Manasseh wrote on July 3, 2025, "On Monday, I went to the Bolga Market. While I waited for some food items I had ordered from a nearby shop to arrive, the owner of the retail shop I was buying from and the man I had gone shopping with struck up a conversation about the prices of food items.

"A 50-kilogram bag of a rice brand from Burkina Faso, which used to sell for GH¢700, now goes for GH¢480. A certain cooking oil brand is sold for GH¢120. It used to be GH¢200, they said. A bag of maize is now sold at GH¢500, down from GH¢900."

Additionally, he noted that the decline in food prices is as important to voters and many Ghanaians as other policies the government intends to implement.

"I said in my head, happy to have witnessed the tumbling of prices correspond with the falling inflation figures," he added.

Government Statistician, Dr Alhassan Iddrisu, attributed the recent inflation decline to a significant reduction in inflationary pressures that had weighed heavily on the economy in recent months.

"For the first time in a while, we are recording a month-on-month deflation of 1.2 percent between May and June, suggesting a real and sustained shift in price levels," Dr Iddrisu noted during a press briefing in Accra on July 2, 2025.

The latest figures by the GSS also showed a broad-based easing of prices.

For instance, food inflation fell sharply by 6.5 percentage points to 16.3 percent, down from 22.8 percent in May.

Meanwhile, non-food inflation also declined to 11.4 percent from 14.4 percent.

However, regional disparities remain stark, with some parts of the country still experiencing higher-than-average inflation rates.

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