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Inflation declines to 25.0% in April

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Government Statistician Professor Samuel Kobina Annim has revealed that Ghana’s inflation rate for April experienced a marginal decline to 25.0 percent. The inflation rate dropped from the previous month’s 25.8 percent, representing a decrease of 0.8 percentage points. A key contributing factor to this decline was the slowdown in food inflation, which decreased from 29.6 percent in March to 26.8 percent in April.Conversely, non-food inflation rose to 23.5 percent from the previous month’s 22.6 percent. Professor Annim, speaking on Wednesday, May 8, 2024, explained that in April 2024, the consumer price index stood at 213.3 relative to 170.5 recorded for...
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