{"id":90796,"date":"2025-08-22T03:01:39","date_gmt":"2025-08-22T03:01:39","guid":{"rendered":"https:\/\/sotnews.agency\/?p=90796"},"modified":"2025-08-22T03:01:39","modified_gmt":"2025-08-22T03:01:39","slug":"inflation-to-marginally-decline-in-august-2025-report","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=90796","title":{"rendered":"Inflation to marginally decline in August 2025 \u2013 Report"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 46 Second <\/div>\n\n <\/div>
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Inflation is expected to marginally decline in August 2025 due to unfavourable base effects, IC Research, the research arm of IC Securities, has revealed.<\/p>\n

According to the leading research firm, it anticipates a modest contraction in the Consumer Price Index level for August 2025 to reflect the lower price effect of food crop supply.<\/p>\n

However, it added that the likely contraction in the August 2025 Consumer Price Index (CPI) level will be insufficient to outweigh the 1.6 percentage points contraction posted in August 2024.<\/p>\n

This will create an unfavourable base drift with upside risk to the August 2025 annual inflation print.<\/p>\n

\u201cNonetheless, we believe that energy prices will likely stay lower on a year-on-year basis with the cedi gains supporting to dampen the upside risk. Combining the upside and downside arguments, we forecast a 30-basis-point uptick in annual inflation to 12.4% in August 2025 but with a month-on-month projected deflation of 0.5%\u201d.<\/p>\n

2025 End-Inflation Forecast <\/strong><\/p>\n

Meanwhile, IC Securities has stated its end-2025 forecast appears more bullish though it is cautious ahead of the fourth quarter utility tariff hike.<\/p>\n

\u201cThe sharper-than-expected disinflation in July 2025 has markedly improved our updated end-2025 midpoint forecast to 10.5% (versus 11.3% prior)\u201d, it said.<\/p>\n

It added \u201cGiven the uncertainty around the potential magnitude of hike in utility tariffs in 4Q2025 [quarter 4, 2025] and caution on how the response variables will likely behave, we reiterate our view that there is a strong possibility for end-2025 inflation to hit the mid-9.0% area\u201d.<\/p>\n

However, it retained its revised forecast at 11.3% \u00b11.0 percentage points but leans toward the lower end of 10.3%, pending the hike in utility tariff.<\/p>\n

Ghana\u2019s annual headline CPI inflation declined sharply by 160 basis points to 12.1% in July 2025 compared to our forecast decline to 12.7% (12.4%).<\/p>\n

The disinflation trend represents the seventh successive decline in annual inflation with a cumulative drop of 11.7 percentage points in seventh months of 2025 to the lowest level since October 2021.<\/p>\n<\/div>\n

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\"InflationMeanwhile, IC Securities has stated its end-2025 forecast appears more bullish though it is cautious ahead of the fourth quarter utility tariff hike.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,7054,319,7055,2529,10,9,5469],"tags":[],"class_list":["post-90796","post","type-post","status-publish","format-standard","hentry","category-business","category-cpi","category-economy","category-ic-securities","category-inflation","category-politics","category-popular","category-tariff"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/90796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90796"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/90796\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}