The year-on-year inflation rate for June 2025 slowed significantly to 13.7 percent from 18.4 percent in May 2025, marking the sixth consecutive monthly decline and the lowest rate since December 2021.
According to data released by the Ghana Statistical Service (GSS) on July 2, 2025, the slowdown was largely driven by reduced price increases in foodstuffs and other items.
Government Statistician Dr. Alhassan Iddrisu noted that inflationary pressures seen in previous months are easing. For the first time in a while, the overall price level from May to June recorded a deflation of 1.2 percent, meaning Ghanaians paid less for goods and services in June compared to May.
Dr. Iddrisu said, “The downward inflationary trend over the last six months provides some consistency and assurance of a real, sustained shift in prices.”
Regionally, the Upper West recorded the highest inflation at 32.3 percent, mainly due to food and utilities, while the Bono region had the lowest at 8.4 percent. Dr. Iddrisu emphasized the need to use detailed regional data to better understand and reduce inflation disparities across regions.
Food inflation dropped by 6.5 percentage points to 16.3 percent from 22.8 percent in May, while non-food inflation fell by 3 percentage points to 11.4 percent.
