The BoG has predicted that headline inflation may drop to about 12.0%.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Bank of Ghana (BoG) has projected that headline inflation could decline to around 12.0% by the end of 2025, with further moderation towards the medium-term target of 8 ± 2%, contingent on prevailing macroeconomic conditions and easing inflationary pressures.

The Central Bank’s May 2025 Monetary Policy Report indicates that while inflation remains susceptible to both upward and downward risks, the balance of risks is now tilted to the downside.

According to the report, key upside risks include residual effects of past food supply shocks, global supply chain disruptions, and rising geopolitical trade tensions, all of which could exert renewed pressure on consumer prices. 

Source: newsthemegh.com