Ghana’s year-on-year inflation rate dropped sharply to 13.7% in June 2025, down from 18.4% in May, marking the sixth consecutive monthly decline and the lowest rate since December 2021.
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The latest figures were released by the Ghana Statistical Service in Accra on July 2. The drop was primarily driven by a notable reduction in food prices and overall consumer goods.
Government Statistician Dr. Alhassan Iddrisu noted that the data signals a consistent easing of inflationary pressures. For the first time in months, the general price level between May and June fell by 1.2%, indicating deflation, a rare occurrence in recent inflation trends.
“This downward inflationary trend over the last six months provides some consistency and assurance of a real, sustained shift in prices,” Dr. Iddrisu said.
Regional disparities remain stark. The Upper West Region recorded the highest inflation rate at 32.3%, largely due to rising food and utility costs. In contrast, the Bono Region had the lowest at 8.4%.
Breaking down the figures:
- Food inflation fell sharply from 22.8% in May to 16.3% in June
- Non-food inflation also dropped to 11.4%, down by 3 percentage points
Dr. Iddrisu urged stakeholders to use granular, region-specific data to better understand and address the disparities in price trends across the country.
