Ghana’s headline inflation continued its downward trajectory in August 2025, falling to 11.5% from 12.1% in July, according to the latest report from the Ghana Statistical Service (GSS).
This marks the eighth consecutive month of declining inflation, bringing the rate below the government’s end-of-year target of 11.9%, a sign of strengthening price stability.
The 11.5% reading is the lowest inflation rate recorded in nearly four years. Notably, overall prices fell by 1.3% on a month-to-month basis, providing much-needed relief for households grappling with prolonged cost-of-living pressures.
Delivering the update on Wednesday, September 3, 2025, Government Statistician Dr. Alhassan Iddrisu highlighted that food inflation eased to 14.8% in August from 15.1% in July, with food prices declining by 2.5% during the month. Non-food inflation also moderated, dropping to 8.7% from 9.5% in July, while non-food prices slipped by 0.1%.
Goods inflation fell to 13.9% from 14.2% the previous month, with the overall price of goods registering a 1.6% decrease. Imported inflation slowed more rapidly than locally produced goods, buoyed by a stronger Cedi and easing global price pressures.
Despite the encouraging national figures, inflation rates varied significantly across regions due to differences in supply chains, transportation costs, and local economic dynamics. Analysts caution that such disparities require careful monitoring to ensure that all parts of the country benefit equally from the disinflation trend.
The sustained slide in inflation is expected to bolster public confidence in the government’s economic management. However, experts note that continued vigilance is necessary, with concerns about economic growth and job creation still lingering on the horizon.
Source: Apexnewsgh.com