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    Ghana’s Inflation Dips Slightly in January to 23.5%

    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
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