Food prices and utility costs were the main forces behind Ghana’s inflation in 2025, together accounting for 66.3% of total price increases.
According to the Ghana Statistical Service’s 2025 Annual Inflation Report, food and non-alcoholic beverages alone contributed 52.3%, making them the biggest driver of rising prices.
Housing and utilities including water, electricity, gas, and other fuels followed with a 13.8% share.
The figures highlight how the cost of essential goods and services continues to place the greatest pressure on household budgets.
The report further indicates that inflation in 2025 was largely driven by domestic supply-side factors rather than external or imported pressures.
Local items accounted for about 74 percent of total inflation, reinforcing the argument that internal production and distribution challenges played a significant role.
In addition, goods contributed nearly 79 percent of total inflation, far outweighing services, which made up a much smaller share.
This suggests that price increases were concentrated in everyday consumables rather than service-based sectors.
The GSS emphasised that inflationary pressures were largely coming from basic necessities, with food leading the trend, followed by housing and utilities.
It adds that the dominance of local factors in driving inflation underscores the need for targeted policy interventions aimed at improving food supply chains, stabilising utility costs and boosting domestic production.
The findings are expected to guide policymakers as they design measures to ease cost-of-living pressures and sustain price stability in the coming months.
