March 2025 inflation eases marginally to 22.4%

Year-on-year inflation for March 2025 slowed to 22.4%. This is down from 23.1% in February 2025.

The decrease was due to lower food and non-food inflation rates.

Food inflation for March 2025 was estimated at 26.5%. This is a drop from 28.1% in February.

Non-food inflation also declined slightly, from 18.8% to 18.7%.

Inflation for locally produced items fell to 24.0%, down from 25.1%.

In contrast, the inflation rate for imported items rose to 18.7%. This is an increase from 18.5% in February.

For sub-divisions, Food and Non-Alcoholic Beverages had an inflation rate of 26.5%. Housing, Water, Electricity, Gas, and Other Fuels recorded a rate of 25.1%.

These sub-divisions had higher inflation than the national average.

Regionally, the Upper West region had the highest inflation rate at 36.2%.

The Volta region recorded the lowest regional inflation rate at 18.9%.