Inflation Drops To 11.5%

The Ghana Statistical Service (GSS) has reported a month-on-month inflation of 11.5%, for August 2025 down from the 12.1% recorded in July 2025.

Government statistician, Dr Alhassan Idris, in his address yesterday, mentioned that food inflation has gone down from 15.1% in July to 14.8% in August, with food prices dropping by 0.25% within the month.  Also, non-food inflation decreased from 9.5% in July to 8.7%, with prices falling slightly by 0.1%.

Inflation for goods also declined from 14.2% in July, to 13.9% with overall prices of goods falling by 1.6%.

Imported inflation declined more quickly than local inflation, with the support of a stronger Cedi and lower global cost pressures.

In spite of the national decline, inflation varied across the various regions due to the differences in supply, transportation costs, and local economic dynamics.

Analysts have warn that these disparities must be closely monitored in order to ensure that no part of the country is left behind in the disinflation process.

The latest figures is expected to boost confidence in the government’s economic management.

This marks the eighth back to back month of decline and brings inflation below the government’s end-of-year target of 11.9%, signalling a stronger price stability.

The august figures is the lowest recorded in almost four years. Month-on-month, overall prices fell by 1.3%, offering households a break from prolonged cost-of-living pressures.