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Home Business

Inflation falls further to 21.2% in April marking eight-month low

Kumasi Mail by Kumasi Mail
May 7, 2025
in Business
0
Inflation falls further to 21.2% in April marking eight-month low
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The rate of inflation declined to 21.2% in April, 2025 –  its lowest level in eight months as a stronger cedi has helped curb import-related price pressures.

The latest figure marks a slight improvement from the 22.4% recorded in March and reflects the fifth consecutive month of disinflation in 2025.

This means consumer prices fell by 0.8% month-on-month during the period under review

Both food and non-food inflation moderated during the period, contributing to the downward trend.

Food inflation slowed to 25.0% in April from 26.5% in March, while non-food inflation decelerated to 17.9% from 18.7%.

Source: www.kumasimail.com

Tags: inflationrate of inflation declinedtopstory
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