By Prince Ahenkorah
Ghana’s inflation has dropped for the eleventh consecutive month, falling to 6.3% in November 2025 from 8.0% in October, reflecting a sustained period of price stability not seen in years.
This was revealed in the latest Consumer Price Index (CPI) report by the Ghana Statistical Service (GSS), signaling growing confidence in the country’s economic recovery.
Presenting the figures in Accra, the Government Statistician, Dr. Alhassan Iddrisu, attributed the continued decline to significant reductions in both food and non-food inflation categories.
According to the report, general prices rose by just 0.9% between October and November, a relatively moderate increase that further strengthened the disinflationary trend that started nearly a year ago.
Food inflation recorded one of its steepest drops in recent months, falling to 6.6% from 9.5% in October. This decline reflects improved food supply, stabilizing agricultural outputs, and easing pressure on household budgets.
Non-food inflation also saw a notable fall, dropping to 6.1% from 6.9%, supported by subdued price increases in utilities, transportation, housing, and other essential goods.
The services sector followed the same pattern, with inflation easing to 3.8% from 4.6%, indicating lower service-related cost pressures across the economy.
The regional inflation breakdown revealed significant disparities across the country. The North East Region recorded the highest rate at 12.3%, suggesting lingering price pressures and structural challenges in that part of the country.
Meanwhile, the Savannah Region posted the lowest inflation rate at -0.02%, effectively showing price stability and even indications of declining prices for some goods and services.
Inflation for locally produced goods also showed improvement, dropping from 8.0% in October to 6.8% in November. This decline suggests increased resilience in local production and reduced dependence on imported goods, which are often affected by foreign exchange pressures. Inflation for goods in general also slowed, easing to 7.3% from 9.3%.
With inflation steadily trending downward, policymakers view the development as a positive sign for the broader economy. Businesses have been encouraged to leverage this favourable inflation environment to expand production, enhance efficiency, and strengthen local supply chains.