Ghana's consumer inflation slowed for the sixth month in a row in June, to 13.7% year on year from 18.4% in May, the statistics service said on Wednesday.
Government statistician Alhassan Iddrisu at a press conference noted that the underlying causes of inflation were cooling, and the downward shift over the last six months showed a sustained slowdown in prices.
"The disinflation process we are observing means some breathing room for households, a more predictable environment for businesses, and for policymakers, a powerful signal that recent fiscal and monetary efforts may be taking hold," he said.
"The disinflation process we are observing means some breathing room for households, a more predictable environment for businesses, and for policymakers, a powerful signal that recent fiscal and monetary efforts may be taking hold," he said.
Ghana's Bank of Ghana held its main interest rate at 28.% in May. The bank is expected to announce its next monetary policy decision later this month.
