Inflation Hits Eight-Month Low, Drops to 21.2% in April

The rate of inflation in Ghana has declined to 21.2% in April 2025, marking its lowest level in eight months. This downward trend is attributed to a stronger cedi, which has helped curb import-related price pressures. The latest figure represents a slight improvement from the 22.4% recorded in March, reflecting the fifth consecutive month of disinflation in 2025.

During the period under review, consumer prices fell by 0.8% month-on-month. Both food and non-food inflation moderated, contributing to the downward trend.

Food inflation slowed to 25.0% in April from 26.5% in March, while non-food inflation decelerated to 17.9% from 18.7%. This development indicates a positive shift in the economy, with the cedi’s stability playing a crucial role in controlling inflationary pressures.