Year-on-year inflation for March 2025 slows to 22.4%

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Year-on-year inflation for March 2025 slowed to 22.4%, down from the 23.1% recorded in February 2025, driven by a reduction in both food and non-food inflation.

The food inflation rate for March 2025 was 26.5%, a decline from 28.1% in February 2025. Non-food inflation also continued to fall, albeit marginally, from 18.8% in February to 18.7%.

Inflation for locally produced items dropped to 24.0% from 25.1%, while the inflation rate for imported items increased slightly to 18.7% in March 2025, up from 18.5% in February 2025.

In the sub-divisions, Food and Non-Alcoholic Beverages recorded an inflation rate of 26.5%, while Housing, Water, Electricity, Gas, and Other Fuels recorded a rate of 25.1%. These sectors saw inflation rates higher than the national average.

Regionally, the Upper West region recorded the highest inflation rate at 36.2%, while the Volta region had the lowest rate at 18.9%.