Food inflation remains a key driver of the high inflation rate
Ghana’s inflation rate eased to 23.5% in January 2025 after rising for four consecutive months.
This was announced by the Government Statistician, Professor Samuel Kobina Annim, at a press conference on Monday, February 3, 2025.
Food inflation remains a key driver of the high inflation rate, increasing from 27.8% in December 2024 to 28.3% in January 2025.
“In January 2025, general price levels of goods and services went up by 23.5%. Between January 2024 and January 2025 general price of goods and services went up by 23.5%,” the government statistician stated.
“This indicates a disinflation as the rate of inflation has slowed down by 0.3% percentage points slowing down from the year-end 2024 figure of 23.8% to 23.5% for the month of January 2025,” he said.
However, non-food inflation declined, dropping from 20.3% in December to 19.2% in January.
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SA/MA