Ghana’s annual inflation rate fell for the seventh consecutive month to 12.1 per cent in July, down from 13.7 per cent in June, marking the lowest level since October 2021.
Ghana’s year-on-year inflation rate declined sharply to 13.7% in June 2025, down from 18.4% in May, according to new data released by the Ghana Statistical Service (GSS)
The BoG has projected that headline inflation could decline to around 12.0% by the end of 2025, with further moderation towards the medium-term target of 8 ± 2%
