Ghana’s inflation rate has fallen to 8.0% in October 2025, marking the lowest level since June 2021 and extending a steady decline for the tenth consecutive month.
Data released by the Ghana Statistical Service (GSS) shows a 1.4 percentage point drop from September’s 9.4%, and a sharp improvement from 23.8% in December 2024, highlighting the continued easing of price pressures across the economy.
On a month-on-month basis, inflation slipped by 0.4%, reflecting a general moderation in prices across major consumer categories.
Addressing the media in Accra, Government Statistician, Dr. Iddrisu Alhassan, attributed the sustained drop in inflation to effective monetary and fiscal policies implemented to stabilise the economy.
“For the first time since June 2021, Ghana has achieved single-digit inflation. This means that the rate at which prices of goods and services are increasing has slowed significantly,” Dr. Alhassan stated.
“We’ve seen improvements across food, transport, and housing categories — key indicators of household welfare.”
He added that food remains the single largest contributor to the overall inflation rate.
Economists have welcomed the return to single-digit inflation as a boost to investor confidence and consumer purchasing power, while cautioning that sustaining the momentum will depend on exchange rate stability, global commodity trends, and disciplined fiscal management.
Source:Lovinghananews.com
