Inflation for the month of July 2024, tumbled to 20.9%. This represents a decline of 1.9 percentage points from that of June which was at 22.8%. According to the Ghana Statistical Service, food inflation went down to 21.5% from 24.0% in June 2024, while non-food inflation also fell to 20.5%. Government Statistician, Prof Samuel Kobina Annim addressing the press indicated that inflation on imported items also dropped to 15.6% from 17.5%. This, he attributed to the stability of the cedi in July 2024.