Ghana’s inflation has slipped into single digits for the first time in four years, marking a significant turnaround in the country’s price outlook.
Latest figures from the Ghana Statistical Service show that consumer price inflation fell to 9.4% in September 2025, down from 11.5% in August, extending a nine-month streak of easing price pressures.
The drop was largely fuelled by a slowdown in food costs, with food inflation sliding to 11% in September from 14.8% the previous month. Non-food inflation also moderated to 8.2%, compared to 8.7% in August.
The development has already pushed inflation below government’s year-end target, offering relief for households and businesses and signaling stronger economic stability in the months ahead.
Analysts say the trend could bolster exchange rate performance, support monetary policy stability, and boost consumer confidence.
The last time Ghana experienced single-digit inflation was in August 2021.
