Inflation drops for the fourth consecutive time this year

1 week ago 18

This marks a diminution from the 22.4 percent ostentation complaint recorded successful March

Ghana’s ostentation complaint has continued its downward trend, with the latest fig recorded astatine 21.2 percent successful April 2025.

This marks a diminution from the 22.4 percent ostentation complaint recorded successful March.

However, nutrient ostentation remains high, posing a important situation for households.

Announcing the 4th consecutive driblet successful ostentation astatine a property league successful Accra connected Wednesday, May 7, 2025, Government Statistician Dr Alhassan Iddrisu said; “Year-on-year ostentation slowed to 21.2 percent successful April 2025, mostly driven by a moderation successful some nutrient and non-food prices, though nutrient ostentation remains elevated.”

Dr Alhassan further explained, “Despite the yearly slowdown, monthly ostentation edged up to 0.8 percent successful April, compared to 0.2 percent the erstwhile month—an aboriginal motion of renewed upward terms pressures, peculiarly wrong the nutrient segment.”

“On a month-on-month basis, nutrient ostentation increased, portion non-food ostentation remained stable,” Dr Iddrisu added.

Iddrisu nevertheless urged the authorities to prolong initiatives specified arsenic the Livelihood Empowerment Against Poverty (LEAP), Capitation Grant, and School Feeding programme.

SA/MA

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