Ghana: Inflation Drops to 21.2 Percent in April

Ghana: Inflation Drops to 21.2 Percent in April

The country's year-on-year inflation rate declined to 21.2 per cent in April 2025 from 22.4 per cent recorded in March 2025, the Ghana Statistical Service (GSS) has announced.

Ghana cedi named world’s best-performing currency – Bloomberg Report

Ghana’s cedi has been named the world’s best-performing currency so far in April, according to data compiled by Bloomberg. The currency’s sharp appreciation has played a key role in helping the country ease inflationary pressures, pushing the inflation rate to an eight-month low. Consumer prices in Ghana rose by 21.2% in April, down from 22.4% in March, Government Statistician Alhassan Iddrisu announced in Accra. Monthly inflation stood at 0.8%.…

Ghana's inflation eases to 21.2 percent in April

News Ghana, Latest Updates and Breaking News of Ghana, Xinhua, https://newsghana.com.gh/ghanas-inflation-eases-to-21-2-percent-in-april/The Ghana Statistical Service (GSS) on Wednesday announced a further drop in the country’s inflation rate to 21.2 percent in April, 1.2 percentage points lower than that of the previous month. “The slower rate of inflation in April was due to declining food and non-food inflation, coupled with the base-drift eff…

The rejection of the 20-pesewa coin: A silent driver of inflation

By Andy Sena AGBLEY & Walter Kwaku AWUAH From the later part of 2006, the news about a subtle rejection of the 20-pesewa coin started brewing; the central bank of Ghana, led by Dr. Paul Amoafo Acquah, in July 2007, undertook a bold monetary policy reform: the redenomination of the cedi. The aim was to simplify transactions, restore confidence in the currency, and improve efficiency in payments (BoG, 2007 & PwC Ghana, 2007). Four zeros were slash…

Ghana inflation rate falls marginally to 21.2% in April - Ghana Business News

The rate of inflation in April 2025 stood at 21.2 per cent, a decline from 22.4 per cent in March 2025, marking the 5th consecutive monthly decline, the Ghana Statistical Service (GSS) said on Wednesday.   Dr. Alhassan Iddrisu, the Government Statistician, at a press briefing said the sustained drop was a positive signal of moderating inflationary pressures.    However, a month-on-month increase to 0.8 per cent, following the 0.2 per cent in Mar…

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