Ghana’s inflation rate edged down slightly in January 2025, dropping to 23.5% from 23.8% in December 2024, according to the latest data.
By the numbers
- Food inflation continued its upward trend, rising to 28.3% from 27.8% in December.
- Non-food inflation declined to 19.2% in January.
- Locally produced items saw inflation ease to 25.7% from 26.4%.
- Imported items recorded a marginal increase, climbing to 18.4% from 17.9%.
Sector breakdown
- Alcoholic beverages, tobacco, and narcotics: 27.2%
- Food and non-alcoholic beverages: 28.3%
- Housing, water, electricity, gas, and other fuels: 24.6%
Regional disparities
- Western Region recorded the highest inflation at 49.9%.
- Volta Region had the lowest at 18.0%.
Why it matters
While overall inflation is easing, rising food prices remain a concern, putting pressure on household budgets.
Source: Joy Online
Source:
techlabari.com
Source link