{"id":62945,"date":"2025-08-06T16:06:12","date_gmt":"2025-08-06T16:06:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/62945\/"},"modified":"2025-08-06T16:06:12","modified_gmt":"2025-08-06T16:06:12","slug":"inflation-declines-further-to-12-1-in-july-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/62945\/","title":{"rendered":"Inflation declines further to 12.1% in July 2025"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Inflation-declines-further-to-12-1-in-July-2025-1994898?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/31761646.295.jpg\" alt=\"Ghana's inflation rate has continued its downward trend, falling to 12.1% in July 2025\" title=\"Ghana's inflation rate has continued its downward trend, falling to 12.1% in July 2025\" width=\"295\" height=\"197\" \/> <\/a>Ghana&#8217;s inflation rate has continued its downward trend, falling to 12.1% in July 2025<\/p>\n<p id=\"article-123\">Ghana\u2019s inflation rate continued its downward trend, falling to 12.1% in July 2025, down from 13.7% in June, according to the latest figures released by the Ghana Statistical Service (GSS).<\/p>\n<p>This represents the seventh consecutive month of declining inflation and the lowest rate recorded since October 2021. <\/p>\n<p>It also reflects a 1.6 percentage point drop from June and a substantial 11.7-point decline from the peak of 23.8% in December 2024.<\/p>\n<p>Month-on-Month (MoM) inflation between June and July stood at 0.7%, indicating that while the pace of price increases is slowing, prices are still rising.<\/p>\n<p>Notably, this marks one of the most significant month-on-month improvements in food price stability in recent years, offering some relief to consumers who have long grappled with high food costs.<\/p>\n<p>The headline inflation rate comprises both food and non-food components. <\/p>\n<p>For instance, food inflation eased to 15.1% in July, down from 16.3% in June, but still remains the largest contributor, accounting for more than half of the total 12.1% rate, according to the GSS.  <\/p>\n<p>On a monthly basis, food prices increased by 0.6%.<\/p>\n<p>Meanwhile, non-food inflation, which includes housing, transport, healthcare, and education, fell more sharply to 9.5% in July down from 11.4% in June 2025. <\/p>\n<p>The sector contributed approximately 45% to the headline rate and indicates a faster pace of disinflation in this category. <\/p>\n<p>However, non-food prices also rose by 0.7% on a Month-on-Month basis.<\/p>\n<p>MA<\/p>\n","protected":false},"excerpt":{"rendered":"Ghana&#8217;s inflation rate has continued its downward trend, falling to 12.1% in July 2025 Ghana\u2019s inflation rate continued&hellip;\n","protected":false},"author":2,"featured_media":62946,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-62945","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/62945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=62945"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/62945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/62946"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=62945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=62945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=62945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}