Ghana’s headline inflation rate has continued its downward trend, reaching 12.1% in July 2025, down from 13.7% in June. This marks the seventh consecutive month of decline and the lowest level recorded since October 2021.
According to the Ghana Statistical Service, the slowdown in inflation was largely driven by a reduction in food and non-food prices. Food inflation decreased by 1.2 percentage points to 15.1%, while non-food inflation fell by 1.9 percentage points to 9.5%.
Regionally, the Upper West Region recorded the highest inflation rate at 24.8%, significantly higher than the national average. However, this figure represents a decline from 32.3% in June. In contrast, the Central Region posted the lowest inflation rate at 7.7%.
The downward trend in inflation is expected to impact future monetary policy decisions. Analysts suggest that if the disinflation path continues, there may be room for interest rate adjustments. This development could provide relief to consumers and businesses alike, supporting Ghana’s economic recovery.
The continued decline in inflation follows a series of tighter monetary and fiscal measures, relative exchange rate stability, and improved external price conditions.
Ghana’s economy has been gradually recovering from challenges stemming from currency volatility, global commodity price shocks, and disruptions in key export sectors.
Source: Apexnewsgh.com
