Inflation drops for the fourth consecutive time this year

17 hours ago


This marks a decline from the 22.4 percent inflation rate recorded in March This marks a decline from the 22.4 percent inflation rate recorded in March

Ghana’s inflation rate has continued its downward trend, with the latest figure recorded at 21.2 percent in April 2025.

This marks a decline from the 22.4 percent inflation rate recorded in March.

However, food inflation remains high, posing a significant challenge for households.

Announcing the fourth consecutive drop in inflation at a press conference in Accra on Wednesday, May 7, 2025, Government Statistician Dr Alhassan Iddrisu said; “Year-on-year inflation slowed to 21.2 percent in April 2025, largely driven by a moderation in both food and non-food prices, though food inflation remains elevated.”

Dr Alhassan further explained, “Despite the annual slowdown, monthly inflation edged up to 0.8 percent in April, compared to 0.2 percent 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, while non-food inflation remained stable,” Dr Iddrisu added.

Iddrisu however urged the government to sustain initiatives such as the Livelihood Empowerment Against Poverty (LEAP), Capitation Grant, and School Feeding programme.

SA/MA

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