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INFLATION RATE DROPS TO 21.2% IN APRIL 2025 IN GHANA

Ghana’s consumer inflation has continued on a downward trajectory for the fourth consecutive month, dropping to 21.2 per cent in April 2025 from 22.4 per cent in March, according to new figures published by the Ghana Statistical Service (GSS).

The decline reflects easing pressures across both food and non-food categories, yet food inflation remains high at 25 per cent, posing an ongoing challenge for households and policymakers alike.

At a press briefing today (May 7, 2025) in Accra, Government Statistician Dr Alhassan Iddrisu explained, “Year-on-year inflation slowed to 21.2 per cent in April 2025 and this is largely driven by a moderation in both food and non-food prices, though food inflation remains elevated.”

Despite the annual slowdown, monthly inflation edged up to 0.8 per cent in April, from 0.2 per cent the previous month—an early sign of renewed upward price pressures, particularly within the food segment. “On a month-on-month basis, food inflation increased, whilst non-food inflation was maintained,” Dr Iddrisu added.

Inflation figures showed a notable split between locally produced and imported items. Domestic goods registered a year-on-year inflation of 22.7 per cent, significantly higher than the 17.7 per cent recorded for imported items.

Month-on-month inflation for local goods was also twice that of imports, highlighting internal supply constraints as a key inflation driver.

 

 

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