Ghana: July Inflation Drops to 12.1%, Lowest Since October 2021 – GSS

Ghana’s year-on-year inflation rate dropped to 12.1 per cent in July 2025 from 13.7 per cent in June, marking the seventh consecutive month of decline and the lowest inflation rate recorded since October 2021, the Ghana Statistical Service (GSS) has announced.

On month-on-month inflation rate of 0.7 per cent showed that some price increases still persist.

This means that prices in July were, on average, 12.1 per cent higher than in July 2024, while the downward trend points to easing inflationary…