May Inflation Eases Further to 18.4%

Inflation drops to 18.4% in May, lowest in over 3years - Modern Ghana

May inflation eases further to 18.4%

Inflation Drops To 18.4%

Dr. Alhassan Iddrisu   Inflation for the month of May 2025 has dropped significantly to 18.4 percent year-on-year from the 21.2 percent recorded in April this year, the Ghana Statistical Service (GSS) has revealed. According to the GSS data, this is a 4.7 percentage points drop over the 12-month period from the May 2024 inflation of 23.1%, signaling a notable easing of inflationary pressures attributed the sharp drop to reduction in transportati…

Rate of Ghana inflation slows to 18.4% in May, lowest since February 2022 - Ghana Business News

The rate of inflation slowed to 18.4 per cent year-on-year in May compared with 21.2 per cent in April 2025, marking the lowest rate since February, the Ghana Statistical Service said on Wednesday. This is the fifth straight year-on-year decline in inflation, a clear signal that price stability is returning to our economy. Dr. Alhassan Iddrisu, the Government Statistician said the monthly inflation stood at 0.7 per cent, slightly down from 0.8 p…

Ghana’s inflation drops to 18.4% in May as transport costs fall

By Ashiadey Dotse Ghana’s inflation rate dropped sharply to 18.4% in May 2025, down from 21.2% in April. This is the lowest level seen since February 2022 and continues the country’s steady fall in inflation for the fifth month in a row. The Ghana Statistical Service (GSS) says the main reason for the drop is a decrease in transport fares, following lower fuel prices. There was also a slowdown in the prices of non-food items. At a press briefing…