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Ghana’s inflation rate has dropped to 8.0% in October 2025, the lowest level in over four years, marking the tenth consecutive month of decline.
According to the Ghana Statistical Service (GSS), the figure represents a 1.4 percentage point decrease from the 9.4% recorded in September and a sharp fall from 23.8% in December 2024 — signaling continued easing of price pressures across the economy.
Month-on-month inflation also declined by 0.4%, indicating a modest reduction in general price levels across most consumer goods and services.
Speaking at a press briefing in Accra, the Government Statistician, Dr. Iddrisu Alhassan, attributed the sustained decline to consistent fiscal and monetary measures aimed at stabilizing the economy and curbing inflation. He noted that food remained the largest contributor to the inflation basket.
Economists have described the return to single-digit inflation as a positive development that could boost investor confidence and strengthen consumer purchasing power. However, they cautioned that sustaining the trend would depend on stable global commodity prices, exchange rate performance, and disciplined fiscal management.
source: citinews
