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    Home » Inflation drops to 11.5%, lowest in four years
    Economy and Finance

    Inflation drops to 11.5%, lowest in four years

    Adnan AdamsBy Adnan AdamsSeptember 8, 2025No Comments3 Views
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    The Ghana Statistical Service (GSS) in its Consumer Price Index bulletin (consumer inflation) for August 2025 recorded a continued downward trend, reaching a four-year low of 11.5 percent.

    This marks the eighth consecutive month of decline, slowing from 12.1 percent in July 2025.

    The Ghana Statistical Service (GSS) attributes the drop to a significant slowdown in the prices of food and other essential items, signaling a decrease in the inflationary pressures that have been impacting the economy.

    Government Statistician, Dr. Alhassan Iddrisu, said the figures highlight how the cost-of-living situation is gradually easing.

    “Inflation is falling steeply. Prices rose by 11.5 percent in August 2025, down from 12.1 percent in July, the lowest in almost four years, and it marks the eighth month in a row of decline” he said.

    On a month-to-month basis, the GSS reported that prices actually fell.

    “Overall, prices fell by 1.3 percent between July and August, providing some relief for households,” Dr. Iddrisu added.

    Food inflation eased to 14.8 percent, while non-food inflation moderated to 8.7 percent, compared to 9.5 percent in July.

    Inflation for goods also slowed, dropping from 14.2 to 13.9 percent in July, with prices of goods falling by 1.6 percent between July and August 2025.

    The latest figures reflect a steady decline in price pressures, raising hopes of sustained relief for consumers across the country.

    Ghana Statistical Service (GSS Inflation drops
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