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.
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.
