• Contact US
  • Advertise With US
  • Privacy & Policy
  • Submit Station
Thursday, October 2, 2025
Kumasi Mail
Advertisement
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Film Industry Needs Tax Incentives to Attract Big Production Deals

    Film Industry Needs Tax Incentives to Attract Big Production Deals

    Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

    Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

    NADMO Extends Relief to Conflict-Affected Communities in Bole District

    NADMO Extends Relief to Conflict-Affected Communities in Bole District

    Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Four armed robbers including two soldiers, arrested  at Prestea Mining site

    Four armed robbers including two soldiers, arrested at Prestea Mining site

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Film Industry Needs Tax Incentives to Attract Big Production Deals

    Film Industry Needs Tax Incentives to Attract Big Production Deals

    Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

    Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

    NADMO Extends Relief to Conflict-Affected Communities in Bole District

    NADMO Extends Relief to Conflict-Affected Communities in Bole District

    Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    ‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Kodua threatens mass suspensions if given power in his role as General Secretary

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Ghana to introduce HIV preventive vaccine by 2026, plans local production

    Four armed robbers including two soldiers, arrested  at Prestea Mining site

    Four armed robbers including two soldiers, arrested at Prestea Mining site

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
Kumasi Mail
No Result
View All Result
  • Home
  • News
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
Home Business

Inflation drops by 2.8%  points in May 2025

Inflation drops by 2.8%  points in May 2025

Kumasi Mail by Kumasi Mail
June 4, 2025
in Business
0
Inflation drops by 2.8%  points in May 2025
Share on FacebookShare on Twitter

 

The Ghana Statistical Service (GSS) is impressing upon the government to continue supporting macroeconomic policies that keep the cedi stable, reinforcing the disinflation 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 disinflation underway. Food inflation remains the highest at 22.8 percent, with non-food inflation at 14.4 percent in May 2025.

 

Source: www.kumasimail.com

Tags: cedi stableGhana Statistical Servicemacroeconomic policiesreinforcing the disinflation trendtopstory
ShareTweetSend
Previous Post

Wɔnim Red: Police clamp down on illicit drug trade 4 arrested in Ashanti South

Next Post

Ghana takes step towards aluminium-led industrialization with new GIADEC Board

YOU MAY LIKE

Inflation drops by 2.8%  points in May 2025
Business

Inflation falls to 9.4% in September, first single-digit in four years

MTN SME Support Program Rewards 160 Entrepreneurs in Tamale with GH¢2 Million
Business

Brewing Dreams, One Sobolo Tea at a Time: The Story of Angbanlife

MTN SME Support Program Rewards 160 Entrepreneurs in Tamale with GH¢2 Million
Business

MTN SME Support Program Rewards 160 Entrepreneurs in Tamale with GH¢2 Million

Hungarian firms explore food security partnership with Ghana Armed Forces
Business

Hungarian firms explore food security partnership with Ghana Armed Forces

Farmers are suffering greatly; We carry barrels of water daily to spray our crops due to Galamsey- PFAG
Business

Farmers are suffering greatly; We carry barrels of water daily to spray our crops due to Galamsey- PFAG

Next Post
Ghana takes step towards aluminium-led industrialization with new GIADEC Board

Ghana takes step towards aluminium-led industrialization with new GIADEC Board

Police foil highway robbery; one suspect killed, four on the run

Police foil highway robbery; one suspect killed, four on the run

Leave a Reply Cancel reply

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

LATEST NEWS

Film Industry Needs Tax Incentives to Attract Big Production Deals

Film Industry Needs Tax Incentives to Attract Big Production Deals

Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

NADMO Extends Relief to Conflict-Affected Communities in Bole District

NADMO Extends Relief to Conflict-Affected Communities in Bole District

Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

‘Arrogance and Reversal’: Minority slams and demands Sam George to account for GH₵10,000 levy imposed on DSTV

Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

Abronye’s allegations against Kennedy Agyapong exposed as baseless, NPP Gen Sec fires back

Kodua threatens mass suspensions if given power in his role as General Secretary

Kodua threatens mass suspensions if given power in his role as General Secretary

Ghana to introduce HIV preventive vaccine by 2026, plans local production

Ghana to introduce HIV preventive vaccine by 2026, plans local production

Some Ashanti NPP Constituency Youth Organizers endorse Bryan Acheampong for 2028 flagbearer race

Some Ashanti NPP Constituency Youth Organizers endorse Bryan Acheampong for 2028 flagbearer race

Four armed robbers including two soldiers, arrested  at Prestea Mining site

Four armed robbers including two soldiers, arrested at Prestea Mining site

  • Trending
  • Comments
  • Latest
52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Asokore Mamponhene Nana Boakye Ansah passes away

Asokore Mamponhene Nana Boakye Ansah passes away

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

Hello world!

1
NCA promises lower data prices by year-end

NCA promises lower data prices by year-end

1
COVID-19: Information Ministry justifies GHC150K spent on staff

COVID-19: Information Ministry justifies GHC150K spent on staff

1
EC to conduct mop-up registration August 1-3

EC to conduct mop-up registration August 1-3

1
Film Industry Needs Tax Incentives to Attract Big Production Deals

Film Industry Needs Tax Incentives to Attract Big Production Deals

Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

Accra Embraces Israeli Cinema as The Wedding Plan Captivates Film Festival Crowd

NADMO Extends Relief to Conflict-Affected Communities in Bole District

NADMO Extends Relief to Conflict-Affected Communities in Bole District

Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

Tobinco Pharmaceuticals Donates Air Conditioner to St. Theresa Catholic Hospital in Nandom

Facebook Twitter Youtube Instagram
Kumasi Mail

About US

Advertise With US

Submit Station

© 2024 KumasiMail.com