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October Inflation slows to four-year low of 8%

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November 5, 2025
October Inflation slows to four-year low of 8%

Headline inflation has dropped further to 8.0 percent in October 2025, marking the 10th consecutive monthly decline, and the lowest rate since June 2021.

According to data from the Ghana Statistical Service, the latest figure represents a continued easing from 9.4 percent recorded in September 2025.

The sustained downward trend reflects the impact of a stable currency, easing fuel prices, and improved food supply conditions across the country.

Food inflation fell sharply to 9.5 percent in October from 11.0 percent in September, while non-food inflation also declined to 6.9 percent from 8.2 percent over the same period.

Inflation for locally produced items saw a significant drop to 8.0 percent, compared to 10.1 percent in September, suggesting improved price stability in domestic goods.

However, imported inflation edged up slightly to 7.8 percent from 7.0 percent, likely due to global logistics and exchange rate adjustments.

At the regional level, the Bono East recorded the lowest inflation rate of 1.1 percent, while the North East Region posted the highest rate of 17.3 percent, though still down from 20.1 percent in September.

 

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