Ghana’s inflation falls to 4.6% in July as food prices continue to ease

While food prices are providing increasing relief to households and overall price increases have slowed to almost zero on a monthly basis, the latest figures suggest policymakers will continue to monitor persistent inflation in services, particularly rents, transport, education and healthcare, which remain the most significant sources of cost pressures for consumers.3 percent in June, as easing food prices continued to drive down overall consumer price growth.6 percent of total inflation in July, meaning that for every GH¢1 increase in prices, approximately 68 pesewas came from non-food goods and services.