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Ghana’s year-on-year inflation rate for June 2025 has dropped sharply to 13.7 percent, marking the lowest level since December 2021 and continuing a six-month downward trend.
The latest data released by the Ghana Statistical Service (GSS) reveals a substantial decline from 18.4 percent in May, driven by easing food prices and a broad slowdown in consumer price increases across key sectors.
Speaking at a press briefing in Accra, Government Statistician Dr. Alhassan Iddrisu described the decline as a sign of real economic progress.
“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 said.
Food and Non-Food Prices See Significant Relief
- Food inflation dropped to 16.3%, down from 22.8% in May — a 6.5 percentage point decline.
- Non-food inflation also eased to 11.4%, compared to 14.4% the previous month.
These declines have contributed significantly to the overall drop in the national inflation rate.
Regional Disparities Persist
Despite the national improvement, inflation remains uneven across regions:
- Upper West Region recorded the highest inflation rate at 32.3%, driven by rising food and utility costs.
- Bono Region posted the lowest at 8.4%, suggesting more stable price levels.
Dr. Iddrisu stressed the need for localized data and policies to address these imbalances.
“We need to use more granular, region-specific data in our planning to ensure that all parts of the country benefit from the disinflationary trend,” he added
The consistent decline in inflation offers optimism for both policymakers and businesses, especially as the government eyes single-digit inflation by early 2026.
The improving economic indicators are expected to positively influence consumer confidence, interest rates, and business investment, offering a more stable environment for economic recovery.
