Inflation in October 2025 has dropped to 8%, down from 9.4% in September, marking Ghana’s tenth straight month of decline and the lowest rate since June 2021.
According to the Ghana Statistical Service, food and non-alcoholic beverages were the main contributors to the slowdown.
Government Statistician Dr. Alhassan Iddrissu said, “Ghana’s year-on-year inflation stood at 8% in October 2025, down from 9.4% in September and well below the 23.8% recorded at the end of 2024.”
He added, “The cedis from 23.8% last December to 8% today shows that Ghana is firmly on the path towards macroeconomic stability.”
Month-on-month inflation was negative 0.4%, meaning average prices fell slightly between September and October.
Dr. Iddrissu noted that “inflation is trending downwards, both year-on-year and month-on-month, confirming that price growth is slowing across most categories.”
