Inflation eases to 21.2% in April, marking 5th consecutive decline

Ghana’s inflation rate slowed marginally in April 2025, dropping to 21.2% from 22.4% in March, according to the latest data from the Ghana Statistical Service.

This marks the fifth consecutive month of decline, signaling continued progress in stabilising the economy.

The slowdown was driven by a decline in both food and non-food inflation compared to the same period last year.

Inflation for locally produced goods also eased, falling from 24.0% in March to 22.7% in April.

At a news conference in Accra, the new Government Statistician, Dr. Alhassan Iddrisu, emphasised the need to maintain macroeconomic stability and adopt further policy measures to reinforce the downward trend in inflation.

He also urged the government to sustain key social protection programmes such as the Livelihood Empowerment Against Poverty (LEAP), the Capitation Grant, and the School Feeding Programme, which he described as essential for safeguarding the real incomes of vulnerable groups.

In addition, he called for an accelerated rollout of the Agriculture for Transformation programme, stressing that strengthening domestic food production is critical to curbing food inflation and ensuring long-term price stability.