Year-on-year inflation for June 2025 has dropped significantly to 13.7%, down from 18.4% in May, according to figures released today, July 2, by the Ghana Statistical Service in Accra.
This marks the sixth consecutive monthly decline in inflation this year and represents the lowest rate recorded since December 2021.
The decline is largely attributed to a notable slowdown in the prices of food and other essential goods.
Government Statistician Dr. Alhassan Iddrisu described the trend as a positive signal, indicating that the key inflationary pressures seen in recent months are beginning to ease.
For the first time in a while, the general price levels from May to June this year dropped, recording a deflation of 1.2 per cent.
According to the Ghana Statistical Service, the move could mean that Ghanaians paid less for goods and services for the month of June 2025 compared to May 2025.
Dr. Iddrisu said, “the downward inflationary trend over the last 6 months provides some consistency and assurance of real sustained shift in prices”.
Regional inflation disparities remain stark, with the Upper West Region posting the highest inflation rate at 32.3%, driven primarily by rising food prices and utility costs.
In contrast, the Bono Region recorded the lowest rate at just 8.4%.
Commenting on the variation, Dr. Iddrisu emphasised the need for more granular, region-specific data to better understand and address the underlying causes of inflation across different areas.
He noted that tailored policy responses are key to achieving broader inflation reduction.
Nationally, food inflation saw a sharp decline, falling by 6.5 percentage points to 16.3% in June, down from 22.8% in May.
Non-food inflation also eased, dropping by 3 percentage points to 11.4%.
