Ghana’s year-on-year inflation rate for June 2025 has significantly decreased to 13.7 percent.
This marks the sixth consecutive month of decline and represents the lowest level recorded since December 2021.
The most recent data released by the Ghana Statistical Service (GSS) on July 2 indicates a sharp drop from the 18.4 percent noted in May, primarily due to a reduction in food prices and a general slowdown in price increases across major consumer categories.
Government Statistician, Dr. Alhassan Iddrisu, attributed this decline to what he referred to as a substantial reduction in inflationary pressures that have burdened the economy in recent months.
“For the first time in a while, we are witnessing a month-on-month deflation of 1.2 percent between May and June, indicating a genuine and sustained shift in price levels,” Dr. Iddrisu remarked during a press briefing in Accra.
Food inflation decreased by 6.5 percentage points to 16.3 percent, down from 22.8 percent in May, while non-food inflation also declined to 11.4 percent from the previous 14.4 percent.
Nevertheless, regional disparities remain pronounced.
The Upper West Region recorded the highest inflation rate at 32.3 percent, primarily driven by increasing food and utility costs. In contrast, the Bono Region reported the lowest rate at 8.4 percent.
Dr. Iddrisu emphasized the need for more localized, granular data in policy planning to address these regional imbalances and maintain the national disinflationary trend.
The consistent decline over the past six months presents a hopeful outlook for policymakers and businesses alike, particularly as the government aims for single-digit inflation by early 2026.
