Deloitte Forecasts Moderating Inflation in Ghana for 2025
Ghana's Inflation Expected to Moderate in 2025: Deloitte
- Professional services firm Deloitte has forecast a decline in Ghana's inflation rate in 2025
- This prediction is based on factors such as a more stable cedi
- Deloitte highlighted that a sustained decline in inflation would have positive implications for the economy
Professional services firm Deloitte has forecast a decline in Ghana’s inflation rate in 2025, projecting an average of 11.9%.
This prediction is based on factors such as a more stable cedi, falling domestic food prices, and easing supply-side pressures.
While this represents a significant improvement from the high inflation rates observed in 2023, it still exceeds the Bank of Ghana’s target range of 8% +/- 2%.
Deloitte highlighted that a sustained decline in inflation would have positive implications for the economy, leading to lower borrowing costs and stimulating economic growth.
However, potential risks remain, including the impact of potential government policy changes, such as new taxes and tariffs, which could further increase the cost of living.
