Barring any unanticipated shocks, the Bank of Ghana is forecasting Ghana’s inflation will gradually trend downwards until the end of 2025.

According to the May 2023 Monetary Policy Report by the Central Bank, risks to the inflation outlook are fairly tilted to the downside supported by favourable price developments, including the tight monetary policy, the relative stability of the local currency, and the decline in ex-pump petroleum prices.

From Accra, Atiewin Mbillah-Lawson reports.