Inflation for May 2025 drops sharply to 18.4% – Nsemkeka

Inflation for May 2025 drops sharply to 18.4% – Nsemkeka

Inflation for the month of May 2025 has dropped significantly to 18.4 percent year on year from the 21.2 percent recorded in April.

The Ghana Statistical Service attributed the sharp drop to reduction in transportation fares and decline in non-food inflation. 

The Government Statistician, Dr. Alhassan Iddrisu, explained that the reduction in fuel prices at the pumps, and the subsequent reduction in transport fares contributed the highest to the the May inflation.

More soon…