The Ghana Statistical Service (GSS) is impressing upon the government to continue supporting macroeconomic policies that keep the cedi stable, reinforcing the dis-inflation trend.
The call comes on the back of a significant drop in the year-on-year inflation rate to 18.4 percent in May 2025, a decline from 21.2 percent in April 2025.
Despite the drop, the GSS highlighted some items across the board that contribute to inflation and recommended that particular attention be paid to such products in order to maintain consistency in the downward trend.
These items include food and non-alcoholic beverages, housing, water, electricity, gas, and other fuels, as well as clothing and footwear, alcoholic beverages, tobacco, and narcotics, among others.
On a regional basis, the Upper West region recorded the highest inflationary rate of 38.1 percent, followed by the Savannah region at 28.4 percent, while the Ahafo region recorded the lowest inflation of 14.5 percent.
The GSS asserts that the government should implement food logistics and improve access to education in high-inflation regions such as the Upper West region. Furthermore, the government is urged to protect vulnerable groups through the expansion of targeted social protection interventions in high-inflation regions and sectors, especially where food and education costs are rising.
In the same vein, households are advised to adopt bulk purchasing, shared food buying, and consider local, in-season produce to reduce food costs. They are also impressed upon to limit discretionary spending on items like restaurants and recreation, which recorded inflation of 18.5 percent.
Additionally, households are encouraged to prioritize preventive care and take advantage of the National Health Insurance Scheme to avoid high out-of-pocket expenses, as healthcare inflation stands at 20.1 percent in May.
The Government Statistician Dr Alhassan Iddrissu during his address to the media, noted that since local inflation is easing faster than imported inflation, businesses are advised to consider sourcing locally to reduce cost pressures.
Most importantly, businesses are urged to avoid sharp price hikes and instead build customer trust through transparent pricing, with dis-inflation underway. Food inflation remains the highest at 22.8 percent, with non-food inflation at 14.4 percent in May 2025.
