• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

CPI Drops by 4.7% to 13.7% in June as Race to Single Inflation Digit Heats Up

2 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
92
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

CPI Drops by 4.7% to 13.7% in June as Race to Single Inflation Digit Heats Up

Ghana’s year-on-year consumer price index (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) on Tuesday, July 2.

The latest figure marks the sixth consecutive monthly decline in inflation and the lowest rate recorded since December 2021, underscoring sustained disinflationary momentum across the economy.

Government Statistician, Dr. Alhassan Iddrisu, attributed the significant moderation in headline inflation to a notable drop in food prices and a general softening of price pressures across key consumption categories.

“For the first time in a while, we observed deflation on a month-on-month basis, with general price levels falling by 1.2% between May and June 2025. This trend provides consistency and assurance of a real, sustained shift in prices,” Dr. Iddrisu stated at a press briefing in Accra.

Food inflation slowed markedly by 6.5 percentage points to 16.3%, from 22.8% in May, while non-food inflation declined to 11.4%, down from 14.4% the previous month.

Dr. Iddrisu noted that the slowdown reflects easing supply-side pressures and relatively stable exchange rate conditions, adding that the observed trend could translate into improved purchasing power for households if maintained over the medium term.

RelatedPosts

African Debt and Climate Change: How the ICJ’s Vanuatu Ruling Could be Used for Broader Justice

European Leagues Defend Plans to Stage Matches Abroad Amid EU Criticism

Bank of Ghana Sets Gold Coin Price at GHS 39,273 Per Ounce

Regionally, inflation disparities remain pronounced. The Upper West Region posted the highest inflation rate at 32.3%, driven primarily by elevated food and utility costs, while the Bono Region recorded the lowest rate at 8.4%.

The Government Statistician stressed the importance of leveraging granular data to understand regional inflation differentials and guide policy interventions aimed at achieving equitable price stability across all regions.

Tags: CPI Drops by 4.7% to 13.7% in June as Race to Single Inflation Digit Heats UpinflationRace to Single Inflation Digit Heats Up as Inflation Falls to 13.7% in JuneSingle Inflation Digit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Rewriting the Rulebook: Ghana’s Battle to Restore Currency Credibility

Bank of Ghana Raises GHS 836m in Short-Term Bill Auction at 24.8% Yield

Importers Urged to Use Credit Cards as BoG Tightens Foreign Currency Rules

FirstBank Prepares for 2025 Staff Engagement Empowering People, Shaping Culture, Achieving Targets

Gov’t to Overhaul Investment Law, Create 24-Hour Economy Authority in New Bills to Parliament

Ghana, Singapore Push Cross-Border Payments and SME Ties as Mahama Hails Stabilising Economy

Trending

Features

African Debt and Climate Change: How the ICJ’s Vanuatu Ruling Could be Used for Broader Justice

August 28, 2025

African Debt and Climate Change: How the ICJ’s Vanuatu Ruling Could be Used for Broader Justice African...

European Leagues Defend Plans to Stage Matches Abroad Amid EU Criticism

August 28, 2025

Bank of Ghana Sets Gold Coin Price at GHS 39,273 Per Ounce

August 28, 2025

Rewriting the Rulebook: Ghana’s Battle to Restore Currency Credibility

August 28, 2025

Bank of Ghana Raises GHS 836m in Short-Term Bill Auction at 24.8% Yield

August 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.