Economist Professor Patrick Asuming has urged the government to focus on food inflation as part of efforts to sustain Ghana’s current disinflation trajectory.
His call follows the release of new data from the Ghana Statistical Service, showing that the headline inflation rate dropped to 18.4% year-on-year in May 2025.
This is down from 21.2% in April and marks the lowest inflation level since February 2022.
Professor Asuming told Citi Business News that while the disinflation trend is notable, maintaining momentum will require targeted measures particularly in the food sector, which remains a major driver of inflation volatility.
“At this moment you will see that some of the major drivers have really worked in our favour. The currency has strengthened significantly. That is really helping our course. With that, transport fares are down, fuel down and even some food items have seen reduction in the rate of inflation. But it still remains food inflation if the biggest driver [of inflation]. That is where the attention has to be in.
“We are in the planting season now and the expectation is that we make the necessary investment to ensure that food production doesn’t suffer but also the food distribution channels. I think if we make the investment this planting season, we will be able to bring food inflation down substantially,” he said.
