Ghana's inflation dropped to 13.7% in June 2025, down from 18.4% in May 2025

The Ghana Statistical Service (GSS) has 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.

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.

Dr Iddrisu emphasised the need for policymakers to utilise more localised and granular data to effectively address these regional imbalances and sustain the national disinflationary trend.

The recent sharp drop in inflation may signal easing price pressures after months of persistent increases driven by rising food costs, currency depreciation, and global supply chain disruptions.

It may also reflect the positive impact of recent fiscal and monetary interventions aimed at stabilising the economy.

MA

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