Source: Myjoyonline.com
The year-on- year Inflation for the month of June 2025 has slowed significantly to 13.7 percent from the 18.4 percent posted in May 2025.
This is sixth consecutive decline in inflation for this year and the lowest since December 2021.
According to the data released by the Ghana Statistical Service in Accra today, July 2, 2025, the decline, was influenced by significant slowdown in the general price levels of foodstuffs and items
The Government Statistician, Dr. Alhassan Iddrisu noted that the development shows that the pressures driving inflation over the past months are declining.
For the first time in a while, the general price levels from May to June this year dropped, recording what a deflation of 1.2 percent.
According to the Ghana Statistical Service the move could mean that Ghanaians paid less for goods and services for the month of June 2025 compared to May 2025.
Dr. Iddrisu, said “the downward inflationary trend over the last 6 months provides some consistency and assurance of real sustained shift in prices.”
The Upper West region recorded the highest regional inflation of 32.3% largely caused by food inflation and utilities while the Bono region recorded the lowest of 8.4%.
Dr. Iddrisu further called for the use granular data to ascertain the disparity in regional inflation to achieve reduced inflation in the regions.
Food inflation dropped by 6.5 percentage points to 16.3% down from 22.8% in May while non-food inflation dropped by 3 percentage points 11.4%.
Source: www.myjoyonline.com
