Ghana inflation drops to 8 percent, lowest since 2021
Ghana recorded an 8.0 percent price increase rate during October 2025, reaching its lowest point in over four years and extending a decline that began 10 months earlier. The Ghana Statistical Service reported the figure represents a 1.4 percentage point decrease from September and a steep drop from 23.8 percent at the end of 2024. Monthly price changes also fell by 0.4 percent.
Government Statistician Dr. Iddrisu Alhassan told reporters in Accra that coordinated economic management helped stabilize conditions. The nation achieved single-digit territory for the first time since June 2021, demonstrating that price acceleration has slowed substantially. Food costs, transport expenses and shelter showed the strongest improvement among categories affecting household budgets. While food continues driving overall price movements, that sector is moderating steadily.
Economic analysts welcomed the numbers as beneficial for business confidence and consumer spending ability. They warned that maintaining progress demands disciplined budget execution, currency stability and favorable international commodity markets. The data marks a turning point after extended price volatility.
