Inflation for May 2025 drops sharply to 18.4%

Inflation in May 2025 has dropped to 18.4 percent. This is down from 21.2 percent in April.

The Ghana Statistical Service credits this drop to lower transportation fares and non-food inflation.

This marks the fifth consecutive decrease in inflation for 2025. It also represents the lowest rate since February 2022.

Dr. Alhassan Iddrisu, the Government Statistician, explained that reduced fuel prices led to lower transport fares. This was a major factor in the May inflation decline.

Regionally, Upper West had the highest inflation at 38.1 percent. In contrast, Ahafo region recorded the lowest inflation at 14.5 percent.