Ghana : Inflation declines further to 12.1% in July 2025

Ghana’s 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).
Ghana’s 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).
Ghana's central bank has cut its key interest rate from 28% to 25%, the largest reduction in its history, as inflation continues to ease and the country shows signs of economic recovery.
The IMF has approved an immediate disbursement of $367 million to Ghana, bringing the total financial support provided to the country since May 2023 to nearly $2.3 billion.
Global credit rating agency Fitch Ratings has upgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’ with a Stable Outlook.