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Home»Business»Ghana’s inflation drops to 11.5%, Lowest in four years
Business

Ghana’s inflation drops to 11.5%, Lowest in four years

SAMUELBy SAMUELSeptember 3, 20252 Mins Read
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Ghana’s headline inflation fell to 11.5% in August 2025, down from 12.1% in July, according to new data from the Ghana Statistical Service (GSS).

This marks the eighth straight month of decline and pushes inflation below the government’s year-end target of 11.9%, a signal of improving price stability. It is also the lowest level since late 2021.

On a monthly basis, consumer prices slipped by 1.3%, offering relief to households facing prolonged cost-of-living pressures.

Government Statistician Dr Alhassan Iddrisu, presenting the figures on Wednesday, September 3, said food inflation eased to 14.8% from 15.1% in July, driven by a 2.5% fall in food prices. Non-food inflation moderated to 8.7%, while goods inflation dipped to 13.9%.

Imported inflation fell more sharply than locally driven price pressures, supported by a stronger Cedi and softer global commodity costs.

However, regional disparities remain wide, with transport costs and supply bottlenecks keeping prices elevated in some areas.

Analysts say the trend will likely boost confidence in the government’s economic management, though concerns persist about job creation and growth momentum.

 

 

Source:Lovinghananews.com

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