Ghana’s inflation rate eased to 11.5% in August 2025, its lowest level since 2021, according to new data from the Ghana Statistical Service (GSS).
The figure, down from 12.1% in July, marks the eighth consecutive month of decline and brings inflation below government’s year-end target of 11.9%.
On a month-to-month basis, consumer prices actually fell by 1.3%, reflecting easing pressures on households after years of high living costs.
Food inflation slowed to 14.8% in August from 15.1% the previous month, with food prices dropping by 2.5%. Non-food inflation also moderated to 8.7% from 9.5%. Inflation for goods eased to 13.9%, supported by a 1.6% decline in prices.
Government Statistician Dr. Alhassan Iddrisu attributed the trend partly to a stronger cedi and easing global costs, noting that imported inflation declined faster than locally driven inflation.
Regional disparities, however, remain significant, with differences in supply conditions and transport costs shaping local price movements.
Analysts warn these gaps could undermine the broad benefits of disinflation.
The sustained slowdown is expected to lift confidence in government’s economic management. But questions linger over whether improved price stability will feed through to stronger growth, investment, and job creation in the months ahead.
Source: Myxyzonline.com
